Buying a Business or Franchise
If you think that starting a business from scratch is too difficult but still
want to have your own small business, you have choices. You should consider
either:
- Buying
a business - there are a lot of successful business owners out there who
want to retire, particularly as the baby boomer generation gets closer to
retirement age. In some areas you may be able to purchase a going concern
for less than it would cost to set up the business yourself.
- Buying
a franchise - you can take advantage of a successful business concept
and still exercise your entrepreneurial urge by purchasing a franchise.