Start A Business Or Buy A Business

   
  Start A Business Or  Buy A Business

    April 6, 2010, Boston, Massachusetts. Some interesting statistics were published
by the Small Business Association, Office Of Advocacy. The information can be use full in many ways if you are trying to decide to start a new business or to buy an existing business,  says Tom Giampapa, managing partner of Bizlinkin, a national
website for linking Business Sellers with Business Buyers. For starters there are over 26.6 million
small business in America. Expected growth in a year is to be around 627,000 new start ups with appears Small Business has created some 65% of all private employment in the U.S.

The question today is, how does the risk of starting a new business compare with the risk of buying an ongoing business? There are many contributing factors when one is making that decision, but certainly the following information may help.
If you were to start a new business the odds of survival for the first two years are in your favor, 66% will survive while 34% will fail. For businesses that make it to four years the numbers will reverse with only 35% surviving and 65% failing. What do these numbers say when looking at a business for sale that is two years old or if the business is four years old? This data should be considered when determining the risk of a start up versus a buying a business.




 Business for sale www.Bizlinkin.com/buy-business