Last week’s post at Transaction, my New York Times blog, looked at an increasingly popular way to finance the purchase of a small business: rolling over funds from your 401(k). Business brokers see buyers use this financing alternative all the time yet it is still a relatively little-known option, even within the financial services community.
Big companies lock out their competitors by out-slugging them in capital infrastructure investments, but smaller businesses have to be smarter about how they defend their turf. Here are four ways to deepen and widen the protective moat around your business.
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