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 in