1) The success rate for businesses purchased is much higher than the success rate for a new business startup. Just ask your accountant.
2) An established customer base means immediate cash flow! Enough said.
3) It is much easier to find capital to buy an existing business than to start a new one. Why? See reason #2 above. Bankers are not dumb. They know the statistics. Bankers are much more willing to lend money when there is an identified source of repayment already in place.
4) Many sellers are willing to carry-back financing at very reasonable terms. Why? For income tax reasons. They would prefer to defer any gain over a longer period versus taking a gain all at once. And if a seller is willing to carry back any part of the purchase price, it tells you the seller believes that the business will continue to succeed under your management.
5) Projections for a startup are nothing more than an educated guess. Projections for existing are based on historical results. Which is more reliable?
6) Startups always, I repeat, ALWAYS cost more to start than expected. For the money you will end up spending to start that new business (which may or not succeed) you could have probably purchased an existing business with immediate cash flow.
7) You may actually need to come up with less cash for your down payment plus working capital when you buy an existing business than you would need if you started your own business. Why? With owner carry financing and a performing track record, your existing business purchase is very bankable. A new startup is not very bankable. The cash required to get the new business to a cash flow positive is unknown. And it eats cash.
8) An established web site presence. Although each business will vary, most businesses rely to some extent on a business web site. The longer a web site has been established, and the more traffic that web site receives, the more value search engines place on that site. This is important as your web site ranking determines your placement in search engine results. In other words, building a new web site is not enough. Customers still need to find it. A quality, established web site can be a real asset, something that a new startup will not have.
9) Many businesses listed for sale are actually very fairly priced. One can often find a business for sale that will sell for three to four times cash flow. Think about it. Four times cash flow equates to a 25% annual cash return on investment. 25% will usually cover all debt service and still leave a decent return for the investor.
10) Less brain damage. Just ask anyone who has been "wrung through the wringer" by starting their own business. Always wondering if customers would really come.
Think about it. It really is a pretty easy decision.
You need not invest much on top-of-the-line triathlon gears. A combination of some good equipemnts will create better performances.
Triathlon Bike Any bikes are allowed in a triathlon race. However, there are those that can aid in maximizing your performance.
Central in choosing a triathlon bike are distance, frequency and weight. Some of the more popular options are bikes made from steel frames, titanium frames, carbon fiber frames and aluminum frames. As for the wheels, 650c's are best for small riders while 700c wheels provide the ideal stability for larger and taller riders.
On some points of the race, competitors believe that those with lighter and faster bikes have the most advantages. This cant be far from the truth but this does not tell it all. After all, the manner of use and the person's actual capacity to optimize the bicycle will create big differences.
Sure, the technologies used to develop a $10,000 triathlon bicycle would actually create some edges over those who only ride on $250 bikes. Nonetheless, never forget that the bike period is only a part of the three areas of discipline triathlon covers. And the bike itself is only a single component of the bike transition. You must still consider and be able to look eye on other principles that will lead you to the last transition stage.
Say you are riding on a high-end, oozing new triathlon bicycle yet bargained so much on the benefits it might give you. You surely have the speed, the style, and the envy of the onlookers and fellow triathletes. But without proper skills in it's operation, or proper planning during the course and even the endurance to continue biking after loosing much strength during the swim stage, your "nice bike" would be turned into nothing.
Running Shoes The shape, size and the inward rolling of your feet should be greatly considered when choosing your shoes. Running is usually the last stage in triathlon competitions. This is when all your energy is consumed. It is best that your running shoes help deliver you towards the finish line.
Triathlon Clothing This may be a full-length wet suit or a two-piece that vary in length, style and function. There are literally thousands of choices for you, be sure that you fit several types before settling on your last pick. But whatever you choose, never consider saggy-looking wet suits made from heavy materials. They wont do you any good. They'll just drag you while on the race. To get the feel of the actual race, practice the manner by which you will wear and take off your wetsuit during the race.
Consider the construction of the material, the layout, the panels and the seals. The fit almost tells it all. It dictates your comfort and free movement while on track. The fitter it gets and the more sealed openings are-the better. Snuggers usually are the best choices. They fit comfortably while providing you enough space to move.
An ideal wetsuit should not have the same thickness. Thinner materials must be used in places where rigid actions are done. The chest, on the other hand, must be thicker since it surges into pressure the most. Extra stretchable materials must also be found in your ankles.
Basic physics tell us that heat transfers from a hot object towards a colder one. This law is so simple that you can bet it and argue otherwise 'til your wit's end. No triathlon suit can prevent the exchange of cold and heat. After all, that is not the work they were intended to do. However, many are so entirely engineered to make as much delay of the heat transfer as physical science would allow.
It is critical for a triathlon swimmer to preserve as much heat as his suit will allow because delay (even by a second or two) can create a large discrepancy between you and the racer running before and after you. The loss of heat in water are dependent on several variables including the total mass of the person's body, a person's physical exertion, the materials used in creating the triathlon suit and the temperature of the surrounding water itself.
The ideal triathlon suit, or any wet suit for that matter, is one that is made of three layers. The outer protective layer, the insulation layer and the wicking layer. The outer protective layer is obviously the one that coats the whole of the suit. The more popular material used for this is the neoprene. This works well yet very delicate that simple scratches may actually cause the suit to get serious damages.
The insulation layer, on the other hand, appears in many varieties. The most usual choices include wooly bear, open-cell foam, type-B marine thinsulate, and radiant barriers. The wicking material acts as the absorber of skin's moisture thus keeping the racers' skin dry. When the body is wet, it looses much heat than normal. The wicking layer of the skin prevents this from occurring.
Goggles To improve your visibility in water, you must be equipped with a good pair of goggles. Among the popular choices are anti-glare, shock-resistant and anti-fog.
Both Barry Jark & Low Jeremy are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Barry Jark has sinced written about articles on various topics from Franchise, Small Business and Franchise Opportunities In. About the Author: Barry Jark is a Vice President for , an online business-for-sale marketplace specializing in. Barry Jark's top article generates over 27100 views. to your Favourites.
Low Jeremy has sinced written about articles on various topics from Home Management, Computers and The Internet and Elder Care. Low Jeremy maintains . This content is provided by Low Jeremy.. Low Jeremy's top article generates over 368000 views. to your Favourites.