Buying a Business or Franchise in the New Year

Is 2019 the time to buy a business or start a franchise?  

There is nothing like the freedom of owning your own business and living a life with unlimited possibilities. 

Did you always want to be a business owner but have no idea where to start or what products or services you could offer?

Here are two options to think about for aspiring entrepreneurs.

Buy an Existing Business 

• Historical Cash Flow
• In control of an established business with a lower risk of failure versus starting a business on your own. 
• Easier to get SBA Financing. 
• Can be hard to find in an industry that interests you near where you live. 
• You are in control of the services you provide or the products you sell. 

Buy a New Franchise

• You are in control of where the business is located
• Fresh new concept without bad habits of an existing business. 
• The franchisor will take a royalty and is in control of what services or products you sell under the brand. 
• Better chance of success compared to starting your own independent business. 
• The franchisor teaches you everything you need to know. 
• Easier to sell when you are ready. 
• Easier to get SBA financing. 

Confused and don't know the best option for you?

Our process is designed to help guide you through the decision-making process and help you find the opportunity best for you.  A business or franchise is not always the right fit for everyone.  We can help you evaluate the opportunities and help you make an informed decision on the best opportunity goals, lifestyle, and budget. 

Call me today for a no-obligation conversation about how we can help. 

May you have a successful and prosperous 2019!

Justin Sandridge, Senior Business Broker

Murphy Business Sales 

410-558-6365