POGS, do you only read the things you disagree with?
I have run two businesses and sold them on.
You do not make people redundant when you sell on a business. The employees are taken over by the next employer, who signs an agreement to say s/he will do so.
My last business I sold because my husband was ill. I owed just as much when I sold it as when I started. When I say "I" it's because my husband was ill when we took over the business, so his names were not allowed to be on the deeds by the bank. For the first time in our marriage, I owned the house we lived in, and if the business went bust, we would have been homeless.
So less of the snide socialist comments.
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