Some entrepreneurs, like Mark Zuckerberg and Oprah Winfrey, are able to capitalize on a great idea. But founding a startup is not the only way to own your own business. Another entrepreneurial pathway — and one with a greater likelihood of success — is to purchase an existing company. You already have cash flow, a skilled workforce, established suppliers, the necessary licenses and permits, and a customer base. Meanwhile, the business is yours to shape and grow.
Now Is the Time to Buy an Existing Small Business