Why buy a business rather than start one?

We read the wild success stories of entrepreneurs like Mark Zuckerberg starting a business in a dorm room and not too many years later becoming a multi billionaire. Certainly the grand scale of this type of success story gives us all pause to think about our own great ideas for a new product or expansion of an existing product. Before quitting your day job and committing your life savings to drive down the start up road to be the next billionaire, understand for every Mark there is road-kill littering the highway with failed startups. So, if you are sitting at your corporate desk job looking at the wall and thinking about a huge change, take time to look at existing businesses for sale.

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Let me get back to you later….

These are frustrating words no matter what the situation, and when you have made the major decision to sell the business you have worked at and built for many years, they certainly don’t instill confidence. The business broker you select to market and sell your business has to be willing to spend the necessary time to understand, package and market your business.

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