6 facets in Taking Over a preexisting 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 business that is existing involves more upfront expense, in addition it presents less danger than beginning scratch. Economically, you’re taking a look at real revenue and loss documents as opposed to rough quotes, and there’s a definite reputation for product sales to point out. You can also get valuable patents or copyrights, or are able to drive a business that is stagnant an exciting way […]