Wall Street Journal Article

Buying an existing business is a smart, lower risk proposition when compared to starting a new company from scratch. It is also a good solution for people that don’t have a unique idea or long term, sustainable cash flow to get a new business up and running. This is a message we have been sharing for years and we saw a great article in the Wall Street Journal that backs up our view.

The following is an excerpt from the Wall Street Journal, July 31, 2011:

“If you’re interested in entrepreneurship, but lack ideas or time to create a new business, buying an established company may be a wise alternative. You’ll inherit a working infrastructure complete with resources you’d otherwise have to secure on your own, such as equipment and employees. You’ll also ideally be taking over a known brand built on a positive reputation over many years’ time.”

For more information, click here to see the full article on WSJ.com.

If you have been on the fence, not sure how the process works, or now is the time to get serious, we can help. Contact your Apex Business Advisor.