Chapter 1 - 10 Great Reasons to Buy a Business
There are many great reasons to buy a business and in fact, you should expect it is one of the most exciting, life-changing things that you ever do! Next to getting married and having children, the act of buying or selling a business can be the biggest life event for many people. It is to this that we dedicate our work as M&A Advisors, to helping people embark on this very important life transaction. I personally consider it a privilege to work with the business Buyers and Sellers that have been my clients and my vocation to make sure they get the right transaction for them, in a timely manner and that they have a chance of sleeping at night during the process. We thought we would start this book off in a positive way with a list of 10 good reasons to buy a business, although there are probably many more: 1. Freedom - Running your own business gives most people freedom. Freedom to express themselves, freedom to serve the community in their way, freedom from supervisors and being fired, freedom of creativity, time freedom and hopefully, financial freedom. In most cases, there is also the freedom of when to work and where to work. Of course, this is all subject to the demands of the customers and the operational demands of the business. One of the goals of most entrepreneurs is to move in the direction of operator to owner to investor. At each stage the Seller is needed less
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