Buying a Business

Acquiring an established business can be an exhilarating journey filled with possibilities and potential. However, it’s essential to approach this process with a well-thought-out plan to ensure a successful outcome. At Sound Business Brokers of Arizona, we understand the significance of finding your dream business, and that’s why we’ve crafted this comprehensive roadmap to guide you through the buyer’s journey.

You want to be your own boss, for various reasons, and you consider your options – work as an independent contractor, start your own business, or buy an existing company.

There are always things to enjoy and tasks to endure with each option. Once you do a careful analysis with us, you’ll see why many seasoned entrepreneurs buy vs. starting from scratch.

Starting a business of your own can pay great dividends, but it’s important to understand that the risks are significant. The vast majority of start-up businesses falter and eventually fail. An uncomfortably high percentage of businesses fail within the first 5 years of business (+50%) and only ⅓ make it to 10 years.

Purchasing an existing business, however, reduces an entrepreneur’s risk while creating opportunities for tremendous profit.