Why Buying A Business Is A Greater Idea Than Starting From Scratch - J Finn Industries, LLC

There are plenty of reasons you should buy a business instead of starting from scratch. Even though there are cons of going this direction, you can still benefit greatly in comparison with a startup. Jay Findling - J Finn Industries, LLC - New Jersey businessman has plenty of advice on startups and they also have their advantages and can equally thrive with proper mechanism in place. Here are reasons you should buy an existing business.

You Can Get Financing Easily

A big number of money lenders out there will easily finance an already existing company compared to a startup that is struggling. This is because there is less risk in supporting a functioning business because it already has a cash flow. Jay Findling on the strategic questions you must answer as a startup talks about it is important to know where to get funding.

 

Businesses that are starting from the ground usually fail to generate income in its initial stages. Some take as long as 3 years to earn the first income. During this time, you will have to find money to acquire premises, licensees, fixtures, materials, installation, equipment, legal fees and the rest.

If you buy an established business, you get everything already in existence. All you need is to change the possession of the business and signing of the necessary papers.

Less Work

Buying an existing business is a great alternative to avoid the hassle that comes with starting from scratch. Such a venture completely takes your time and can destroy your relationships and health. On the contrary, to buy a business is less risky and has-less work. This means that you will have access to an already existing customer base - your work will be maintaining them. You will also have employees with ready training. Channeling all your effort to business growth is all you require.

Comments

Post a Comment

Popular posts from this blog

Jay Findling, New Jersey Businessman Expert Especially in Overstock Liquidation

Image
Jay Findling Overstock Liquidation Through J Finn Industries is termed as being the best liquidation service any business can be privileged to enjoy. J Finn Industries literally takes away stress overstock from you and goes ahead to sell off all the excess stock you have. You can rely on Jay Findling to handle overstock liquidation for you without much of a hassle. With his team he will look for buyers who will buy your stock, follow up the money for you and ensure that you get the right value for your money. He steps in to ensure everything runs smoothly keeping you away from any transactions with either suppliers or buyers. You can find Tips for a Successful Business with Jay Findling, New Jersey Businessman on the internet and get to learn how to grow your business and the steps you can take once faced with major predicaments. Jay Findling is a business expert and uses his experience to help both large and small businesses with liquidation services. Through his company
Read more

Going Back to Your Business Drawing Board by Jay Findling

Image
Money is good because it is part of the capital you require to start your business. However, it is not all you need. Putting all your trust in the money to maintain and grow the business is a disaster. Therefore if you wanted to start a company because you have gathered enough funds, you are starting on the wrong foot - you need to go back to the drawing board. There are various factors you should consider. A business strategist like Jay Findling will help you identify your strong points and the possibilities of failure as you start. You can as well look at Jay Findling - tips to help create long-term business plans video on YouTube to leverage on the plenty of information there.   As a business owner and advisor, Jay Findling has been around for many decades and dealt with hundreds of business owners. From retail shops, online businesses, to wholesales, he has the strategies you require to start and grow. There is no need to ignore the advice from this professiona
Read more

Take Advantage of Jay Findling Asset Lending Services

Image
It is pity that financial institutions do not see things the way the business owners who want to apply for loans see things. They are only after protecting their loans. They find it difficult to believe that you can pay back the loan within the stipulated time. The most frustrating part is that even when they decide to give you any loan they make demands that are almost impossible to meet. If this is you then you have really wasted a lot of time. Why not take a peep at Presentations by Jay Findling, New Jersey Businessman on Slides and find out how easy you can exploit this opportunity. Find out more on the subject, and you will be amazed why it took you so long to discover this. Business owners are always looking for ways to expand their businesses, but the financial institutions are only bent on protecting their funds. Hence, Jay Findling is here to help you meet that need in the most convenient way. We have been doing this for a very long time. Our records speak fo
Read more