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Should I Be Starting a Small Business or Should I Buy a Business That Is
Already Profitable?
Whether you are starting a small business or going to buy a business, you have
the potential to be in charge of your financial future, and from this vantage
point, you can realize your dreams and enrich your life!
Due to the downturn in our economy and the highest unemployment rate in fifty
years, people are facing severe financial hardship and a very uncertain future.
Multinational corporate employers seem to care only about their "bottom line,"
not about their employees, and increasingly, "be your own boss" is resonating
with people who once worked for someone else. Many Americans now realize that
the best way to safeguard their family's financial future is to take steps to
control their livelihood and thus control their destiny. Whether you are
starting a small business or going to buy a business, you have the potential to
be in charge of your financial future, and from this vantage point, you can
realize your dreams and enrich your life.
If you are considering starting a new business, it is important to recognize
that national research repeatedly reveals that almost every new small business
is destined to fail within the first 3 years. At Vested we believe the best way
to overcome this problem is to buy a business that is already operational and
showing a profit. An established business has a track record that demonstrates
a real need for a product or service in a particular locale. Financial records
are available which verify past sales and most sellers are willing to stay on
for an agreed upon period to train a new business owner.
When you are ready to buy a business, you may need financial help to make your
dream become a reality. At Vested Business Brokers, we have sold over 750
businesses and in the process we have become experts at helping a business
buyer obtain financing. In addition to our own financial programs, we also work
with a number of independent financing sources that can help you navigate
goverment programs like the Small Business Administration. Of significant note
in this economy is the fact that most sellers who are listing their businesses
for sale with Vested are offering seller backed financing at very low interest
rates.
People that buy a business come from a wide range of past positions and
professions and we recognize that every business buyer, regardless of
background, is a different individual with different needs and aspirations. We
train our business brokers to be good listeners and it is this skill, above all
others, that enables your broker to use all of our resources to match you to
the "right" business for sale. It is also the reason why so many buyers choose
Vested Business Brokers to be their business broker of choice after an initial
"no-obligation" consultation. Call us at 1-877-735-5224 and we will arrange for
one our business brokers from your local area to call you today.
If you feel you are ready to buy a business without having a business broker
consultation first, you can browse through our listings of businesses for sale
on our Home Page or Buy a Business Page and then register to become a business buyer at no charge. A registered business buyer agrees not to share any confidential information we give them about a listing
and is permitted to view all of the financial details of a given business for
sale, as well as receive the address of businesses for sale to do a "drive by."
You can register by signing our confidentiality agreement electronically, or
you can print out the agreement and fax it to our corporate office.
Additional Informative Articles:
Why "Right Now" May Be the Best Time to Buy a Business
If I Want to Buy a Business, How Can I Benefit by Using a Vested Business Broker?
Vested Business Brokers' Basic Steps to Buy a Business
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