What are the advantages to buying an existing business?
Buying an established business has many benefits as opposed to starting a business yourself from scratch. An established business will have all the necessary systems in place to enable you to trade from day one. Usually there will be an existing customer base and a reliable income. Existing staff will have a vast knowledge base on which you can draw. There will be a network of useful contacts and suppliers in place. Most, if not all of the teething problems will have been resolved.
