Pros and cons of buying existing business

Ever wondered if buying an existing business is the right move? It comes with some perks, like a built-in customer base and established processes, but it might not be as simple as it sounds. What if you inherit old problems like bad debt or dissatisfied employees? Are you willing to take on these challenges? While an existing business might seem like a safe bet, it can also come with higher upfront costs. Have you thought about whether it aligns with your goals or if the business model fits your style? Sometimes, starting from scratch might give you more control. What’s your take on this? Do you think buying or building a business is the best choice? Let us know!
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