9 reasons to Buy a Business instead of starting from Scratch

Here are some 9 reasons why you might want to buy a business instead of starting one from scratch:

1. You get an established customer base.

2. You get experienced employees.

3. You get a recognized market position.

4. You get business operating systems which are in place.

5. You often get the best combination of seller, bank or vendor financing possible.

6. Smaller risk: According to the US Bureau of Labor Statistics, around 50% of businesses fail within the first five years.

7. Hit the ground running: It usually takes months or even years for a new venture to start turning a profit.

8. Access more financing.

9. Predictable cash flow.