Why Buy a Business

Interested in buying a business? Want to know how to buy a business? First, consider if it's right for you.

There are a lot of reasons why entrepreneurs buy new businesses. But one of the main reasons to buy a business instead of starting a business from scratch is to get access to an existing customer base.

Never underestimate the value of a proven business model. When you buy a business, you avoid making all of the mistakes that the previous owner made when they started the business from scratch.

Financing is a critical factor in new business ownership. Strangely enough, lenders who won't lend money for a startup concept are happy to lend money if you are buying an existing business. Here's why buying a business to get acquisition capital makes sense.

For will be entrepreneurs, the decision of build vs. buy can be an important one and one that is often overlooked by entrepreneurs. Entrepreneurs like to create and build off of their own ideas, not buy into other businesses, but buying a business may be the way to go for many.

Buy a business or start a business? Purchasing a business has some inherent advantages over starting a business from scratch.

Starting a business from scratch means building a brand from scratch - not an easy task in today's highly competitive business environment. Consider buying a business instead and you'll inherit an established brand.

In a difficult job market, many new business buyers are buying a job. Instead of collecting unemployment, does it actually make sense to buy a business and provide yourself with your own salary?