Should I BUY a business or start one of my own? Have you ever thought about owning your own business, but considered it too much of a risk? Think again... Starting a business is a scary proposition. Why take such a chance with your future? So what's the solution? Buying an existing business or franchise is the answer.
Advantages of Buying an Existing Business
In pursuing the acquisition of a company you must first determine your options for paying for it. Although the simplest answer is to pay all cash, there are other options for leveraging your money so that you can acquire a larger company than you could otherwise do by paying all cash.
This is a very common question. Because, if the business is so 'wonderful,' why sell it? Will this mean that I will buy a 'dud'? In reality, there are many reasons why a business owner might want to sell his/her business, many of which may have little to do with it success. These might be:
But whatever their reason to sell, it is ALWAYS important for you to examine your own reasons for buying and for affording the purchase. And above all, DO YOUR HOMEWORK - Due Diligence.
Because I have bought and sold many of my own businesses, and I have brokered over 75 businesses first-hand, I have seen so many of those 'unforeseen issues' (or 'gotchas') that can become the deal-breaking obstacles that a first-time buyer may not recognize in advance. My responsibility is to guide your purchase through to your satisfactory conclusion before I can walk away.
Call me personally,
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Roger Civalleri is a LINK Agent.
DISCLAIMER: All information contained in this website that relates to companies for sale resulted from representations by either the Seller or the Purchaser. LINK Business LA and its agents can not and will not verify the accuracy or completeness of any information. Sellers and Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with this process.