Should I Start or Buy a Business?

Posted by smpayton under Startups
From http://www.lead411.com 4636 days ago
Made Hot by: Monsieur Eraser on March 18, 2012 12:32 am

If you’re considering starting a business, you might be trying to decide between starting one from scratch or buying an existing business. Each has its own benefits.

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Comments

Written by BizRock
4634 days ago

Great article! Buying or starting new business is not an easy decision. One way always have his positive and negative sides, just like the other one.

Thank you for sharing at BizSugar!

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Written by HeatherStone
4633 days ago

BizRock,

I think a list of pros and cons is a also a great idea. Great comment on a great post!

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Written by HeatherStone
4636 days ago

Hi Susan,

I think this really comes down to the personality of the entrepreneur. Are you a pioneer preferring to operate without a road map of any kind or do you prefer to take over an existing operation and improve upon it? There are other things to consider when making the choice, but it probably comes down mainly to the kind of business and the temperament of the entrepreneur. Use your instincts on this one.

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Written by MrsZeus
4636 days ago

Excellent points, Susan!

There are benefits to both scenarios, and each entrepreneur needs to carefully take them into account. My husband and I decided that it was better for us to start from scratch - and it's working out for us :)

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