Advantages of Buying an Established Business
When you purchase an established business you greatly increase your odds of success and lower risk.
Unproven concepts, lack of a customer base, lack of capital, poor management and competition from existing businesses are just a few things that cause over 50% of startups to fail. When you purchase an established business you get a proven business strategy and the benefit of someone else going through the startup phase and taking the high risks of starting a business from scratch.
When You Purchase An Established Business You Have “Immediate Cash Flow”
You Will Also Receive Many Or Maybe More Of The Benefits Listed Below
Brand and/or Trade Name Recognition
Customer Base and/or Customer Lists
Proven Location
Products and or Services
Trained Employees
Developed Processes
Websites and Domain Names
Customer Agreements and Contracts
Supplier Lists
Vendor Lists
Credit Agreements
Order Backlog
Licenses, Permits and Regulatory Approvals
Trade Secrets and/or Recipes
Copyrights, Trademarks, Patents
Accreditations
Proprietary Designs and/or Knowledge
Customized Software Programs
Step-by-Step Training Systems