Every year, thousands of businesses are bought and sold in the United States and around the world. Many entrepreneurs, business people, and investors have discovered the wide array of benefits and advantages in buying a business. As a business buyer, you will be able to compare the track records and future opportunities of many businesses for sale and choose the one which meets your criteria and needs. Your business broker will help you find business opportunities and analyze them so you are making the best decision possible for your goals.

Valuable Business Intelligence

When buying a business, you will have the opportunity to analyze the business’ operations, past history, its competition, its industry, and much more. You will be in the unique position of analyzing the wealth of information before taking the leap and investing your time and finances in the business. This process is called Due Diligence.

Established Business Infrastructure

When buying an existing business, you will be purchasing the infrastructure along with the business, including equipment, furniture, fixtures, real estate (in some cases), existing customer base, suppliers, and much more. As the new business owner, you will have the opportunity to focus on taking the business to the next level rather than creating a brand new business with no infrastructure around you.

Price of Acquisition vs. Starting a New Business

In many cases, it is often more advantageous to buy an established, ongoing business instead of starting a new venture. When calculating the total costs of starting a new business versus buying an existing one, you may find that buying an established business is much more cost efficient and financially beneficial.

Negotiating the Price

As a prospective business buyer, you will need to compare the costs involved with starting a new business compared to buying an existing one. Thousands of business are sold and purchased every year for a wide range of reasons. In some cases, you will be able to negotiate a better selling price with the former business owner. Similar to buying and selling real estate, These types of opportunities can decrease your upfront costs to acquire the business.