These changes have probably led to a few people pondering whether it’s time to invest in a business, or whether to start their own. You’ll be buying an existing customer base, and you don't have to reinvent the wheel. Cons of buying an existing businessGenerally buying an existing business, in the short term at least, will be the most expensive way to get yourself into business ownership. Pros of a startup businessThe biggest advantage of a completely new startup business is the freedom and autonomy to shoot for the stars. You may be able to start your business in MVP (minimum viable product) fashion whilst continuing in your day job.
Source: Stuff April 07, 2021 00:56 UTC