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Why should I buy an existing business instead of starting my own?

There are a number of very logical reasons why purchasing an existing business has a greater risk-to- reward ratio than starting a business. Those reasons include a proven concept and/or product; with an existing business you can already see the business concept works. Established location, employees in place and quicker return on your money are just a few of the many other reasons why buying an existing business is likely the right choice for you.