{"id":19949,"date":"2019-11-03T12:12:26","date_gmt":"2019-11-03T09:12:26","guid":{"rendered":"https:\/\/www.ibtdi.com\/?p=19949"},"modified":"2019-11-03T01:37:04","modified_gmt":"2019-11-02T22:37:04","slug":"which-is-better-to-establish-the-project-or-buy-it","status":"publish","type":"post","link":"https:\/\/www.ibtdi.com\/en\/which-is-better-to-establish-the-project-or-buy-it\/","title":{"rendered":"Which Is Better: Starting a Business or Buying One?"},"content":{"rendered":"<p><img decoding=\"async\" class=\"aligncenter\" src=\"http:\/\/www.zwsub.com\/thumbnail\/182890_thumbnail.jpg\" alt=\"\u0635\u0648\u0631\u0629 \u0630\u0627\u062a \u0635\u0644\u0629\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Every entrepreneur considering starting their own business faces a question: Which path should I take\u2014start a new business from scratch <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">or buy an existing one? The question of <a href=\"https:\/\/www.ibtdi.com\/en\/reduce-project-expenses\/\">\u062a\u0623\u0633\u064a\u0633 \u0627\u0644\u0645\u0634\u0631\u0648\u0639<\/a> or buying a business is the one we\u2019re focusing on here, and we\u2019ll try to answer it.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">If someone wants to become <a href=\"https:\/\/www.ibtdi.com\/en\/how-to-become-a-successful-entrepreneur\/\">Entrepreneur<\/a> or is thinking about owning their own business, they need to follow a particular line of thought and answer a series of questions, <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">One such question is which is more beneficial: starting a business from scratch or buying an existing one.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">The truth is, there\u2019s no clear-cut or universal answer to a question like this. It depends on the circumstances of the person considering it in the first place. <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">If you\u2019re an entrepreneur looking for financing, or if speed is essential to you\u2014whether in terms of growth or raising <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">capital\u2014an existing business may be your best option.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">But if you want to put your stamp on every aspect of the business, and your idea calls for starting <a href=\"https:\/\/www.ibtdi.com\/en\/started-from-scratch-and-reached-the-top\/\">the business from scratch<\/a>\u061b \u0641\u0625\u0646 \u0627\u0644\u0645\u0634\u0631\u0648\u0639<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> A new venture may be the right choice, but that depends more on external circumstances and conditions than on personal preferences.<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\">Advantages and disadvantages:<\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">In this section, we\u2019ll discuss the advantages and disadvantages of starting a new business, as well as those of buying or acquiring an existing business.<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #ff6600;\">Advantages of starting a business:<\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Starting a new business from scratch offers several advantages, including:<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">1. You get a clean slate, allowing you to focus your full vision on the business.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">2. You get to choose everything yourself, from the location and design to the products\u2014and sometimes even your potential customers.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">3. You won\u2019t have to deal with old problems that need resolving.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">4- You have no outstanding debt, so you can secure funding for this project in stages.<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif; color: #ff6600;\"><span style=\"font-size: 28px;\">\u00a0Disadvantages of starting a new business compared with buying or acquiring an existing one<\/span> <\/span><\/h2>\n<h5 style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">They include the following:<\/span><\/h5>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">1- Everything takes a long time here. Anyone starting a business from scratch doesn\u2019t expect to make an immediate profit, and all the other processes <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">require a great deal of time and effort.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">2- Securing funding for a new business is extremely difficult, as lenders and<a href=\"https:\/\/www.ibtdi.com\/en\/how-do-you-attract-investors\/\">Investors<\/a> They are rarely willing to invest in a venture that has not yet proven itself. <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">\u0645\u0644\u0627\u0645\u062d\u0647 \u0628\u0639\u062f.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">3. You need to make potential customers aware of the importance of your project.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">4. Attracting qualified employees can be very difficult.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">5. There is no database from a previous owner to help you on your new journey.<\/span><\/p>\n<p>.<\/p>\n<p style=\"text-align: center;\">\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\">Advantages and disadvantages of an existing business:<\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">If you decide to acquire an existing business, consider the following advantages and disadvantages:<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #ff6600;\">First, the advantages:<\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">1. The business is already up and running, so profits are on their way.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">2- The project is already well known in its surrounding community.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">3- All agreements and contracts are already in place and active, so you won\u2019t need to put in any effort in this regard.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">4- Securing funding for a project like this isn\u2019t difficult.<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #ff6600;\">Second: Disadvantages:<\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">1- You may find yourself overestimating the project\u2019s value.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">2- The project may be in a poor location, or its facilities may be run-down.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">3- The project may not be performing well or may be falling short of expectations.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">4- Relaunch or restart costs may be high.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">In any case, these are the pros and cons of both options (starting a business or buying one), as outlined by authors Gregory F. Kichil <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">and Patricia Jan Kichil in their book, *How to Start, Run, and Sustain a Business*. The choice is now yours.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>&nbsp; \u062b\u0645\u0629 \u0633\u0624\u0627\u0644 \u064a\u0637\u0631\u062d \u0646\u0641\u0633\u0647 \u0639\u0644\u0649 \u0643\u0644 \u0631\u0627\u0626\u062f \u0623\u0639\u0645\u0627\u0644 \u064a\u0641\u0643\u0631 \u0641\u064a \u0625\u0646\u0634\u0627\u0621 \u0645\u0634\u0631\u0648\u0639\u0647 \u0627\u0644\u062e\u0627\u0635\u060c \u0645\u0641\u0627\u062f\u0647: \u0641\u064a \u0623\u064a \u0627\u062a\u062c\u0627\u0647 \u064a\u0645\u0643\u0646 \u0623\u0646 \u0623\u0633\u064a\u0631\u060c \u0647\u0644 \u0623\u0624\u0633\u0633 \u0645\u0634\u0631\u0648\u0639\u064b\u0627 \u062c\u062f\u064a\u062f\u064b\u0627 \u0645\u0646<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":3,"featured_media":19950,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ibtdi_aa_focus_keyword":"","_ibtdi_aa_secondary_keywords":"","_ibtdi_aa_audience":"","_ibtdi_aa_tone":"","_ibtdi_aa_summary":"","_ibtdi_aa_reviewer_name":"","_ibtdi_aa_reviewer_bio":"","_ibtdi_aa_reviewer_url":"","_ibtdi_aa_reviewed_date":"","_ibtdi_aa_service_id":"","_ibtdi_aa_related_ids":"","_ibtdi_aa_human_reviewed":"","_ibtdi_aa_disable":"","_ibtdi_aa_disable_links":"","_ibtdi_aa_sources":"","_ibtdi_aa_update_notes":"","footnotes":""},"categories":[491],"tags":[1320,1321,19931,19929,4807,19930],"class_list":["post-19949","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-491","tag-1320","tag-1321","tag-19931","tag-19929","tag-4807","tag-19930"],"_links":{"self":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts\/19949","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/comments?post=19949"}],"version-history":[{"count":0,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts\/19949\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/media\/19950"}],"wp:attachment":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/media?parent=19949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/categories?post=19949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/tags?post=19949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}