Buying an Existing Business
Purchasing an existing small business makes it possible for you to start up with the groundwork already laid out. However, before you take this path to becoming a business owner be aware of the numerous disadvantages that can come into play when you buy someone else's business.
Should You Buy a Small Business Franchise?
Becoming a small business owner by buying a franchise has the advantage of the security of a proven business model while still allowing you to be the boss. Be careful, though, because the security comes at a price, both monetary and in the loss of control under franchise agreements.