Tips for Taking Over an Established Business

There are benefits to buying an existing business, but the process comes with its own set of unique challenges.
Tips for Taking Over an Established Business
Purple Pumper owners Ardell and Janelle Kick. (Photo by Lisa Timm)

When Janelle and Ardell Kick purchased Purple Pumper LLC 10 years ago, the husband and wife team became the fourth owners of a business that had already been serving the needs of Minnesota’s Pine and Kanabec county residents for 20 years.

It’s a scenario that came with its...

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