Losing your house in a Bad Business Deal

David Barnett
Oct 6, 2021

JT wants to know about losing a house to the bank

Can someone lose their house to the bank in a bad deal?

It’s not something that usually happens if you buy right.

What I’ve seen more of is people losing a house after their business becomes more successful.

There is risk in business, you need to offset this in your dealings outside the business.

Watch here: https://youtu.be/XNzqWU1e9NU

Learn how to buy an already-successful and profitable business even in the covid-recession of 2020 https://www.BusinessBuyerAdvantage.com

Learn to sell your business https://www.HowToSellMyOwnBusiness.com

Build a proper cash flow forecast for any business https://www.BizPlanSchool.com

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David Barnett

I write about Buying, Selling, Financing and Managing Small and Medium Sized Businesses SMEs www.DavidCBarnett.com New Stuff weekly, usually on Wednesday.