How do I know if buying an existing business is better than starting from scratch?
How do I know if buying an existing business is better than starting from scratch?
I’m considering buying an existing business instead of starting one from scratch, but I’m not sure which route makes more sense. Buying an existing business seems like it could save some of the early setup work, but I’m also wondering if you inherit problems that you wouldn’t have with a new business. What would you look at before deciding between the two?
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