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For those who advertise in the Start Up category, have you noticed a decline in ad responses?

In a down economy, Start Up inquires for a home based business to supplement income is usualy increased. For those who regularly run ads in Business For Sale "Start Ups", do you find the number of respondants to your ad, the same as before or more or less.

Brooke Folk

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Freedom Business Brokers
Orange County, CA

Although I never run an ad for start up business yet my common sense tells me that in any economy ether depressed or fast the start up is a risky venture unless either this is a franchise or an extension of similar business already existing. Why backed up by franchise because their success is based on your success and they do everything well planned step by step set up including schooling, management and sales skills.That is they teach you how to swim yourself in an oceon before they leave you alone. where as you yourself know every pros and cons of a business already existing so when you start another business you already improve on your previous mistakes.
If both the above conditions are not applicable then you should take help of business setters.
As sometimes you must have seen the ads like"We will find a location for you and help you setting up a new business".They are expert in their fields, some in restaurant business others in 99cents stores and so on.
But based on my experience your best bet is to buy an existing business instead of starting up new.
Because in the new business you buy everything new so the cost is enormous beside other risks adhered to, whereas in the existing business the major portion of your money goes towards the key money means existing clientele unless the business has lot of assets or inventory. In other words you are buying a turnkey operation so you can concentrate your efforts towards sales otherwise by the time new business you are starting is setup you get exhausted and even small disappointments look big setbacks.
Choice is yours!!

Dec 8, 2009

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