Buying a Business: The Safer Alternative

You don’t have to dream up some brilliant idea of your own in order to become an entrepreneur. One of the safest ways to become "master of your own destiny" is to buy an existing business that has already gone through the painful startup phase and proven that a market exists for its products or services. While there are no guarantees in business and the risks must always be managed, buying an established business clearly offers significant advantages worth considering.

So you have made the decision to become an entrepreneur. Starting a business is no easy task. If you are serious about operating your own business, you might want to consider minimizing some of the anguish and pain associated with startups by purchasing an established business.

Since many experts have predicted that a significant percentage of the workforce will be working in a self-employment capacity in the next decade, business ownership is becoming increasingly more important to many people.

from Lil Sawyer, Managing Director, FundingLinks Inc.

Full Story: http://entrepreneurs.about.com/od/buyingabusiness/a/buyingabusiness.htm