The best reasons to buy an existing business rather than start a new one

with Pete Seligman

Episode Summary

Welcome to episode 13 of the “Should I Own a Business?” Podcast!

In this episode our special guest, Pete Seligman, explains a number of benefits to buying an established business rather than starting a new business from scratch.

Pete also touches on why the Covid-19 downturn will present us with so many opportunities to acquire great companies and rebuild our economies.

Links and resources

Blog- Is this a bad time to start a business?

Blog –Which is the best way for you to own a small business?

Pete Seligman – LinkedIn Profile

Pete Seligman – Alpin

To buy a business you need three parts:

1) a business that is in a position where the existing owners want to sell either in whole or in part

2) an investor(s), whether that be yourself or others who are interested

3) the entrepreneur who wants to run the business that you’re looking to buy

Buying a business podcast episodes

Episode 16 – Buying a business-where to begin?

Episode 20 – Buying a business-how to find and choose the right one

Episode 25 – Buying a business-valuation and choosing the best deal structure

Disclaimer

The information contained in this podcast is general and does not take into account your situation. The content does not constitute legal or financial advice and should not be used as such. You should consider whether the information is appropriate to your needs, and where applicable, seek professional advice from a financial adviser or lawyer in your jurisdiction. To find out more, please go to www.ShouldIOwnABusiness.com.

 

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