Tuesday, April 30, 2013

Buying a business instead of starting from scratch

"With retail banks still reticent to back all but the most sure-fire of business plans, aspiring entrepreneurs are increasingly exploring alternative routes into business.

The limited availability of start-up capital has meant that some often-overlooked approaches to business are worthy of consideration. Buying in to an existing enterprise, so long as it has a stable trading history, is looked on much more favourably by banks as it has a track record, whereas a start-up has only potential, a disconcertingly nebulous concept for risk-averse banks."

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Buying a business instead of starting from scratch:

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at info@buysellflbiz.com or 239.738.6227. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.

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