Studies on the success of small to mid-size businesses are continually underway by private and public organizations such as the Small Business Administration and private lending groups. Historically, the one thing that has proven to be relatively constant is the high rate of failure in "start-up" businesses. Statistics have been quoted indicating between 80% - 90% "start-ups" fail for numerous reasons.
Because of that, smart investors, and those such as yourself, who want to go into business search for an existing enterprise.
The following are some of the more common reasons that intelligent Buyers purchase an existing business.
Common Reasons Intelligent Buyers Purchase An Existing Business | An established business reputation within the industry and the community. |
| An established customer base. |
| Immediate cashflow upon entrance of the business. |
| Transitional training by an owner who has successfully operated the business. |
| Trained and skilled personnel. |
| Established credit with vendors and suppliers. |
| Current occupational licensing in place. |
| Cost and time reduction in legal and professional assistance. |
| Cost savings for printing forms, documents, and business stationery. |
| Reduction in cost and time to develop advertising and marketing. |
| Assurance that the business actually has a place in the market, rather than assuming that a "start-up brainstorm" will be readily received by multitudes of customers. |
Contact Us