So, more and more business owners Telephone Number List realise the difficulty in financing a business purchase and are open to genuine buyers negotiating for some level of vendor finance, business owners are also looking at different ways to package and present their business, hopeful to attract the right buyer. It is obvious when you compare Telephone Number List buying an established business to starting your own your chances of success are still clearly best when the opportunity is established.
Here are some key Telephone Number List advantages of buying a business vs. start-up: 1. Business processes and proven methods 2. Proven products, services, sales strategies and marketing 3. An established business generates cash flow day one An established business has much less chance of failure 5. Customer base and Suppliers Telephone Number List established Vendor will train and help a buyer understand the business 7. Vendor may assist the buyer with financing.
Lenders are more willing to finance an established business Telephone Number List Business is already successful and credible 10. Employees are there and should not require training Securing affordable financing is so much easier when buying an established business with a positive cash flow, consistent stability and a proven Telephone Number List track record versus starting your own because there is no history - it is seen as 'unknown' territory.