Benchmark Business Group

Buying a Business Newsletter - Page 9

5 Reasons to Buy vs. Start a Business

When you buy an existing business with a proven track record you are buying an existing cash flow with proven services to a known market. If you run it at least as well as the seller, it pays for itself.

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Make sure you do proper due diligence

No business is without risk. Do an effective investigation, or due diligence, but at a certain point, you need to listen to your instincts. If you do not want risk, don't buy a business.

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Pros and Cons of Buying a Business

As with most things, there are advantages and disadvantages to buying a business. With the right advice you can help ensure the advantages significantly outweigh the disadvantages in any particular case.

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How to Finance the Purchase of a Business

There are a wide variety of funding options for buying an existing business with a good track record. The primary concern of most lenders is whether that track record can be repeated into the future.

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