Why Buy An Existing Business

No one should rely on an employer or the government to provide for financial well-being and a comfortable future. It is possible for anyone to create current and future passive income by buying existing businesses from owners who are changing career or retiring. And there is no need to quit a day job. However, one should be mindful of today's corporate environment and not rely solely on linear income producing activities (i.e., a job), unless one is an executive with a company, in which there is a large ownership stake (wealth). Everyone should take full responsibility for their financial "security" because there is no one else to blame. The easiest way to secure financial independence is to take ownership of an existing business with a proven record of generating profits for its owner. If the cash needed to purchase such a business is a concern, the reader should seriously consider researching the topic to find ways that can help to go pass such obstacle. Although buying a business always requires cash, that cash, however, does not have to be yours! There is a number of practical and easy to implement strategies that anyone can use to finance the purchase of a business even if the necessary capital is not at their disposal. In addition, there are hundreds of investment firms and individual investors with billions of dollars looking for ways to make that money work for them. It is in fact possible (and common) to take ownership of a business with none of the buyer's own money. All that is needed is a solid business plan for the business you intend to buy, and an offer that the seller has accepted. Assuming that the buyer is skilled in the "art" of buying businesses (which is easy to learn), money should not be an object. Each year, investment firms (such as Small Business Investment Corporations or SBICs) are forced to return billions of dollars to their investors because they are unable to find good investment opportunities. It is important to note that is it always better and less time-consuming to invest your own money if possible. However, if you do not have sufficient funds, you should not let that hold you back. If you're persistent, focused and dedicated to the task of buying a small business that is operating and profitable, I can almost guarantee that success is certain. I'd be happy to hear your feedback. Rudy LeCorps rlecor@rglpublishing.com http://rglpublishing.com