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How To Buy A Business. But, as business and economic landscapes change, more and more prospective business owners are opting to buy existing businesses instead of starting from scratch. While you can't control every aspect of a business purchase, you can control how prepared you are.
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The real value of the business depends upon the income that. Buying an existing business has some similarities to buying a franchise. Matt could charge $25,000 for these exclusive rights.
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All matt had to do was convince his supplier to buy the exclusive rights to provide for his flower shop for the next five years. However, it's easier to get financing to buy an existing business than to start a new one. But, as business and economic landscapes change, more and more prospective business owners are opting to buy existing businesses instead of starting from scratch. Buying a business makes sense for several reasons, with advantages including that existing businesses have established customers, current sales and ongoing cash flow.