Start up a business or purchase an existing business? - That is the question!

Well what does each scenario entail?

Start up can usually be done at your own pace, whilst still working and bring in a income, vital if you cannot afford to give up work or do not want to take the ultimate risk.  Granted it will take longer and you will not be financially viable for some time, but this can be used to generate a top up income and get you established in your chosen market.

Purchasing a business can get your straight in, but the risks are higher.  My view is why is anyone selling a business?

You have to ask your self can I make this more profitable?  Will I be able to make a living?

I have no doubt these two options will appeal to different people.  Which one appeals to you?