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Advantages of buying a business

Is owning your own business in your future? Does being your own boss sound appealing? Are you ready to turn your dreams into reality while creating your own security and financial independence? Then congratulations -- you're in good company.

Successful business ownership provides security, lifestyle choices and liberties that typically only come from being your own boss. Statistics also indicate that owning your own business is the fastest way to financial independence. In fact, over 90% of self-made millionaires made their fortunes as business owners. Perhaps it’s time for you to become a millionaire too…

Advantages of buying a business

Buying an established business truly is a shortcut to entrepreneurial success and also has a much higher success rate than starting your own business. When you buy an existing business you can carefully investigate what you're purchasing and understand exactly how your skills, energy, creativity, passion and ideas can take that business to the next level.

Additional advantages of buying an existing business include:

  • A proven business model
  • Established customer base and reputation
  • Immediate cash flow from ongoing business activities
  • Actual operating results, rather than projected results
  • Immediate Return on Investment
  • Established credit history and relationships with vendors
  • Trained employees
  • Existing operating systems
  • Existing licenses and permits
  • Training provided by the seller
  • Financing provided by the seller

Start a business from scratch 35% succeed 65% fail
Buy a new Franchise 80% succeed 20% fail
Purchase an Existing successful business 98+% succeed < 2% fail

For some, a franchise can be a better choice because of ongoing support. However, for most who are investing your future and the future of your family, the choice is clear--buy an already successful business. An existing successful business lets you take control of your destiny with very low risk and very high rewards:

  • No layoffs caused by downsizing, outsourcing, relocation to lower cost production environments, promotion of family or friends, corporate policy changes, etc;
  • Very low risk combined with the opportunity to realize your dreams based upon your own efforts.