What’s your reason?
Why would someone buy an existing business?
Less risk
Existing customers Existing assets
Key turn operations
Easier financing options
Facts vs. Theories
Existing system
Shorter ROI time
Experienced employees
Location
Reliable income
Reputation
Existing market
Why would someone sell an existing business?
Personal exhaustion
Retirement
Physical illness
Strong buyer interest
Short-sightedness
Competition
Exit strategy
Opportunity to capitalize
Divestment
Relocation
Poor performance
Bored
Ready for new challenge
Divorce
Can you relate to any of these reasons? What are your thoughts?
From the desk of BizON,
health.happiness.success