WHY BUYING AN EXISTING BUSINESS?
UNDERTAKING THROUGH THE PURCHASE OF AN EXISTING BUSINESS IS A QUICK WAY TO ENTER THE MARKET, SAVING TIME AND REDUCING RISK. SOME OF THE ADVANTAGES ARE:
- Saving time and money that involves the first steps such as search and adaptation of the premises, market research, recruitment of employees, etc.
- Focus on the operation of the business and its profitability from the beginning.
- A list of clients that can generate sales from the first day. In addition to minimizing advertising costs, which especially at the beginning are very high.
- It minimizes risk since the market performance of the product or service can be more accurately assessed, rather than based on projections or assumptions.
- The business has a track record and positioning in the market. This simplifies obtaining new clients and can help obtain loans and financing.