The Pros and Cons of Buying a Small Business

Starting a small business can require extensive funding efforts, whether the money comes from personal savings, a bank loan or through a venture capital firm. Those efforts are often matched by the considerable elbow grease it takes to get a business up and running.

For those who can get the proper funding, there is another option: skipping the baby steps of a fledgling operation and diving right into ownership of an existing business.

Healthier Economy Prompts Growth in Small Business Sales 

Sales of small businesses jumped 49 percent in 2013, according to a report by BizBuySell, which is billed as “the Internet’s largest and most heavily trafficked business for sale marketplace.” The report credits the improving economy and a spike in sales for retail outlets and restaurants.

“This year was the year of recovery that everyone has been waiting for since the September 2008 financial crisis,” said Curtis Kroeker, group general manager of BizBuySell. "

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The Pros and Cons of Buying a Small Business:

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.