6 facets in Taking Over a current Business You have the chops to be an entrepreneur, but would rather not start with a new idea — or just plain don’t have a new idea worth starting — you may be a great candidate to buy an existing business instead if you think. While purchasing a current company typically involves more upfront expense, in addition presents less risk than beginning with scratch. Economically, you’re taking a look at real revenue and loss documents in place of rough quotes, and there’s an obvious reputation for product sales to point out. It’s also possible to get valuable patents or copyrights, or are able to drive a business that is stagnant an exciting way […]