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Owning businesses in multiple states? (alien.top)

submitted 10 months ago by Jrad-Knows-How@alien.top to c/entrepreneur@indiehackers.space

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I started a service business 6 years ago in Washington, and I have the opportunity to buy a similar business in Colorado that does much better revenue than mine currently does.

Should I sell mine outright and go all in on the other one or should I consider "selling" mine as a franchise and continue to own it alongside the other one? The Brand names will be different, and the operation in Washington is more of an owner/operator concern at the moment, though there is some potential for expansion.

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[–] TomFromOpenScreensIT@alien.top 1 points 10 months ago

You might as well ask a magic 8 ball.

If you have a successful business you obviously know better than taking advice from a random online community over a matter so important while simultaneously giving so little context.

It sounds like you are just to afraid to make a decision and want strangers to make it for you under whatever criteria rather than going deeper into analysis.