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Selling or Buying a Small Business/Automobile tires manufacturing business.

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Question
Dear Brad

Can you consider Automobile tires manufacturing business as a good startup?.

How much initial capital investment will be required for this small scale startup business?.

Thanks
Prashant

Answer
This is a very competitive business that is dominated by a small number of large global players.

How will you compete and be better than these guys?  If you can't ansewr that then, no, it's NOT a good idea.  If you have some kind of unfair advantage (technology??), then maybe.

You would have to figure out the capital investment but it will be in the several millions of $.

Brad

Selling or Buying a Small Business

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Brad Poulos

Expertise

I can answer any questions regarding the legal, financial, operational and other issues regarding the sale or purchase of a small or medium sized business. I do not have any knowledge of Franchise purchases and can't answer questions on that.

Experience

I have bought and sold several businesses of my own, and assisted clients with the sale of several businesses.

Publications
Canadian Business Wireless Telecom

Education/Credentials
Associate Engineer - DeVry 1983 MBA - Ivey 1996

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