Business Start Up Alternative: Purchase an Existing Business. Great info From Homeprenuers Blog!
Starting a business from scratch – home business or small business – is often an iffy and possibly pricey process. Legal issues, licensing, permits, location, building a customer base – to name a few – are time-consuming with no guarantee of success. Even if launching goes well, the break-even point could be some years away, even with the best of research and planning.
Purchasing a current concern has advantages and some drawbacks also. We’ll step back from the ‘yeah – that’s it!‘ moment and examine the issue.