Many entrepreneurs debate whether to start a business from the ground up or purchase an existing one. While both options have their pros and cons, buying a small business comes with several advantages:

• Immediate Revenue Stream: Unlike a startup, an existing business already has customers, revenue, and an established market presence.
• Brand Recognition: You don’t need to build brand awareness from scratch; people already know and trust the business.
• Established Processes and Employees: Instead of hiring and training a new team, you inherit an experienced workforce familiar with the business operations.

Easier Financing Options: Banks and investors are more likely to fund an existing business with a proven track record than a risky startup.