Why people buy existing businesses?

Many times, people want to start a business from scratch, but buying an existing company can be the smarter choice.

Why Buy an Existing Business

Skip the startup grind: New businesses demand time, money, permits, and long hours before seeing profit. By purchasing an established business, you step into a running operation with staff, customers, and cash flow already in place.

Reduce risk: Nearly half of startups fail in the first year, and most don’t last five. Buying a proven business with a customer base and financial history lowers uncertainty and gives you a clear picture of what you’re getting.

Better financing: Banks are more willing to lend when they see reliable earnings. This often makes funding easier than starting from zero. SBA loans are a great way to get funding.

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