BUY A BUSINESS

The Buyer's Journey

Buying a business is one of the biggest life decisions you will ever have to make.

Business Meeting

Ready to buy a business? 

Buying an existing business is exactly what it sounds like. The buyer usually takes full ownership of the business. The biggest advantage is having an existing plan, which can include important factors such as an established client base, clear operating costs, and well-trained staff.

Just a Few Reasons why you should have your own business!

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1. Each day at the office will be motivating.

When you’re your own boss, you’ll find motivation at work every day. Following your dreams is exciting, and you’re in control of your own success. You’ll know that your own hard work and drive will help you reap the rewards, and that’ll keep the fire burning in your belly to make each day count.

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2. You’ll be following your passions.

Many entrepreneurs start their own businesses to follow their dreams and fulfill their passion.  You can shape your company to be something you’re proud of and that you may even be able to pass on to your children as your legacy.

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3. You can pursue social justice or support non-profits.

One of the most fulfilling parts of becoming an entrepreneur is setting up your company for social gain. You can opt to support non-profits, charities, or community efforts with your profits. Or you can set up your business to solve a problem in your community or in the world at large – whatever your passion may be.

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4. You can achieve financial independence.

Many people commit to starting a business with the dream of financial comfort. With determination and hard work, there’s no cap on how lucrative your own business can be. If you aspire to build wealth, there’s no reason why you can’t achieve that goal. You’re building an enterprise that has the potential for growth – and your wallet grows as your company does. Your business itself is a valuable asset. As your business grows, it’s worth more and more. You may decide to sell it or you may hold on to it and pass it down to your heirs. Either way, it’s valuable.

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5. You can control your lifestyle and your schedule.

Starting your own business can give you a more flexible lifestyle and schedule so you don’t feel like you’re running in circles on that corporate hamster wheel. You can opt to schedule meetings around your family schedule or you can opt to work from home – the sky’s the limit when you’re the boss.

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6. You can start from scratch.

This is your business! You make the rules. You’re not restricted by the standards and procedures of your boss or corporate culture. You can offer a product or a service that fits your vision. You can also build your company according to your own ideas.

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7. You’ll get tax benefits.

You can start taking advantage of some substantial tax breaks right off the bat. Government programs support small business entrepreneurship and seek to reward these endeavors with impressive tax incentives. 

 

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8. You’ll have true job security.

When you start your own company, you know you’re investing in your future and in your own job security. Moreover, should you choose to start a family business, you could be providing jobs for other members of your family, as well. Your destiny is in your own hands – no more layoffs in your future.

 

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9. You’ll become an expert at a broad range of skills.

Part of running your own business is learning to wear a lot of different hats, especially early on. You’ll soon become a pro in your own industry, as well as a pro at a variety of new skills you’ll learn on the job.

 

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10. You can be creative.

It’s up to you to decide what your business will produce, sell, or which services it will offer – that’s exciting! Rather than following the formula of those who came before you, you’re looking at a chance to develop a concept or an idea that nobody else ever has. 

 

Knowing that each day brings new challenges, exciting opportunities, and a chance to engage your passion is reason enough to start your own business. Knowing that you’ve decided to take control of your own future is empowering. What are you waiting for? The time is now!

Let's Get to Know Each Other!

 

Please book a time for us to chat so I can learn about your needs!

Experts Panel

Considering buying a business and need some help?

You need to answer a few questions in order to plan your trip. Most importantly, you need an exit strategy, be it today, tomorrow or in the future. Our business consultants are ready to help you consider selling your business, no matter where you are in the decision-making process.

There's a lot to know when it comes to buying your business - it's actually our business. If you are ready to discuss your next business venture, please call a 10X Business Broker. We'll take care of the details when you plan the next chapter.

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