Benchmark Business Group

Buying a Business Vs. Starting a Business

October 11, 2019

Want to spend a bunch of money and wait several years to get it back? Start a business. Want to spend a bunch of money and see an immediate return? Buy one.

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September 13, 2019

The greatest advantage in buying an existing business is a financial track record you can take to the bank. Startups can be exciting, but they have their own set of financial risks.

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August 9, 2019

One very good reason to buy a business instead of starting one is that it is usually easier to borrow money to buy an existing business that has positive cash flow.

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July 19, 2019

It's a good idea to list the pros and cons of buying a business versus starting a business. It will help you evaluate your tolerance for risk

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July 3, 2019

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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March 8, 2019

Buying a business can be like starting a business with a big head start. You will put your own personality into it, but don't do it before you let the business teach you what it knows.

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December 14, 2018

Buyers have to ask the "barrier to entry" question... is it cheaper and more efficient to start your own business or does a particular opportunity offer you a sufficient leg-up to warrant purchasing a business instead?
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November 9, 2018

Buying a business can be like adopting an adolescent, much of its personality has already been formed and you need to learn how to adapt to each other to make a successful relationship.
 
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November 2, 2018

There are many advantages to buying a business versus starting one. It feels like you pay more to buy a business but the many hidden costs of a startup can actually be more expensive.


 
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June 22, 2018

You've heard that it's often better to buy a business than start one. For even greater reasons it may be best to consider a proven franchise as your new business venture.
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