Buy a business or start your own?

Starting a business from scratch can be overwhelming for first-time entrepreneurs. If you have a great business idea and are ready to work hard to build it from the ground up, then you may wish to start your own business. But if you want to hit the ground running and avoid some of the common start-up pitfalls, then buying an existing business or a successful franchise may be a better option for you.

Starting your own business

Benefits

Challenges

Buying an existing business or franchise

Benefits

Challenges

Learn more

If you are considering buying a business, these documents will tell you what to watch out for and help guide you through the process.

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