Finally, there are three main sources of funding. First, your own personal funds; secondly, bank loans; thirdly, seller financing. Seller financing is more and more common as it becomes more difficult to borrow money from banks. The seller agrees to wait for payment of between 50 and 75% the agreed price, plus of interest, over a period of three to five years. Both the buyer and the selle hope that, in that time, the business produces enough profit to pay the seller back.
The choice is yours. You can spend thirty years working your way to the top, you can take a risk and start a business. But if you like the idea of managing a successful company right now, why not start looking for a to buy? In very city in the world, there are hundreds of small businesses for sale, all waiting for your talent to help them grow!
Finally, there are three main sources of funding. First, your own personal funds; secondly, bank loans; thirdly, seller financing. Seller financing is more and more common as it becomes more difficult to borrow money from banks. The seller agrees to wait for payment of between 50 and 75% the agreed price, plus of interest, over a period of three to five years. Both the buyer and the selle hope that, in that time, the business produces enough profit to pay the seller back. The choice is yours. You can spend thirty years working your way to the top, you can take a risk and start a business. But if you like the idea of managing a successful company right now, why not start looking for a to buy? In very city in the world, there are hundreds of small businesses for sale, all waiting for your talent to help them grow!
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