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Any advice on which type of business to purchase is best? By which type, I am referring to franchise...

I'm looking to buy a business. I'm in my later years and have a lot of business experience, but little experience running my own business. I'd appreciate any input about the pros and cons between the various options, such as a new franchise opportunity, an existing franchise or an existing business.

Thanks.

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Answers (5)
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Are you in need of loan?

We offer all kinds of loan at 3% interest rate; Business/Marketing loan, Project loan, Personal loan, Housing loan, Real Estate loan, Student loan, Car loan etc. We borrow loan amount of $5,000.00, $10,000.00, $50,000.00, $100,000.00, Minimum and up to a maximum amount of $500,000.00, $10,000,000.00, $15,000,000.00, $20,000,000.00 (twenty million dollars), our loan duration is usually a minimum of 1 year and maximum of 25 years to all categories of individuals, corporate bodies, business entities, small/medium and large scale entrepreneur etc at 3% interest rate annually.

If you are interested in our above offers, then let our loan experts assist you, get our loan form today.

Teams and condition apply.

WESTERN GLOBAL FINANCE HOME
phone: (980) 239-7539
email: info@westernglobalfnhome.com
web: http://www.westernglobalfnhome.com/

Jan 27, 2017
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LIVING STONE LOAN COMPANY
INVESTOR
AK

Are you looking for a loan and you find it difficult to get?? Or you need a loan to start up your business and no lender want to help you, then worry no more because ANGEL LOAN INVESTOR is here to help you. Email us at angelloan.investor.turkey@gmail.com

Best Regards
Mr. Steven Goodman

Jan 23, 2017
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Are you in need of loan?

We offer all kinds of loan at 3% interest rate; Business/Marketing loan, Project loan, Personal loan, Housing loan, Real Estate loan, Student loan, Car loan etc. We borrow loan amount of $5,000.00, $10,000.00, $50,000.00, $100,000.00, Minimum and up to a maximum amount of $500,000.00, $10,000,000.00, $15,000,000.00, $20,000,000.00 (twenty million dollars), our loan duration is usually a minimum of 1 year and maximum of 25 years to all categories of individuals, corporate bodies, business entities, small/medium and large scale entrepreneur etc at 3% interest rate annually.

If you are interested in our above offers, then let our loan experts assist you, get our loan form today.

Teams and condition apply.

WESTERN GLOBAL FINANCE HOME
phone: (980) 239-7539
email: info@westernglobalfnhome.com
web: http://www.westernglobalfnhome.com/

Jan 22, 2017
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The BAF Group LLC
MD

As a Business Broker, several thoughts. First, if you need the cash flow immediately, you probably should look at a going business, rather than a start-up. However, in any business, whether you start-up or buy a mature entity, you need to measure the cost of the purchase, compared to what it will cost to start a similar business from scratch. The cost of the start-up must always include estimates of what you will lose in the first months or even years, before you break even. If it costs less to start one up, that's the way to go. Second - and David Dolitsky can talk about this far more eloquently than I - but if you have not been in business for yourself before, a Franchise is potentially a great way to go. Ideally, the Franchise offers the training and support you need, in order to operate and grow your business. It is definitely NOT a guarantee of success, and you need to compare the support between various Franchises, as well. But that is precisely the kind of benefit someone such as yourself can obtain, in order to minimize the risk. Good luck!

Apr 9, 2009
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Franchise Advisory Group
PA

Rob, I wrote several blogs on this issue, so please visit my website and read them at your earliest convenience. Also, please feel free to call me directly and I will be more than happy to discuss this with you in greater detail. 1-888-241-6629

Apr 9, 2009

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