Ask The Experts: Question for John Correll

So in these tough economic times I thought it may be a good time to chase my dream of owning my own business. I figured I might find someone desperate to sell. Well I found one.

Its a little pizza place in a great location. Its been around for 15 years. I’m new to the area but I’m told it had the best pizza in town for years but business has kinda gone dry since some new owners had purchased a couple years ago. Basically it’s been neglected.

It has a liquor license as well.

I have never ran my own business before but I have a lot of experience in retail, both selling and management.

Any help or guidance you could pass on would be greatly appreciated!

Thank you