|
The benefits of entrepreneurship – from a flexible work schedule and substantial income potential, to decision-making opportunity – appeal to people of all backgrounds. But for most, the leap into entrepreneurship is perceived as too daunting. The Small Business Administration cites more than 96% of startup businesses fail within the first five years. Consider the fact that the majority of startups are funded with owners' personal wealth, and it’s easy to understand why are reluctant to take the jump. There is a better way. Many successful entrepreneurs begin growing their wealth and paving the way for the career of their dreams by acquiring an existing business. Purchasing an existing company is far less risky than even the most solid startups. After all, when you acquire a business, you can acquire skilled employees, proven operating procedures and, perhaps most importantly, an established and loyal customer base. However, when an inefficient ‘business for sale’ marketplace is coupled with a reactive acquisition process, it is no wonder that over 90% of today’s business buyers never find a suitable acquisition opportunity. There is a better way. |
|
Being Proactive Brings Results Through our partnership with various professional organizations and executive outplacement firms, · Hidden Gem Acquisition Searches · Securing an Existing Business · Free Webinar—Evaluating the Risks & Rewards of Buying an Existing Business |
