Why Buy An Existing Business
No one should rely on an employer or the government to provide for his or her financial well-being and future.
It is possible for anyone to create current and future passive income by buying existing businesses from owners who are changing career or retiring. That does not mean that if one is an employee, he/she has to quit a day job. It means, however, that one should be mindful of today's corporate environment and not rely solely on linear income producing activities (job). Unless he/she is an executive with a company, in which he/she has a large ownership stake (wealth).
Everyone should take full responsibility for his or her financial ‘security’ because there is no one else to blame.
The easiest and safest way to secure one’s financial independence is to take ownership of an existing business with a proven record of generating profits for its owner.
If the cash needed to purchase such a business is a concern, RGL Publishing's goal is to publish articles, tips, techniques and strategies to help you go pass that obstacle.
Although buying a business always requires cash, that cash, however, does not have to be yours! There is a number of practical and easy to implement strategies that anyone can use to finance the purchase of a business even if the necessary capital is not at their disposal.
In addition, there are hundreds of investment firms and individual investors with billions of dollars looking for ways to make that money work for them. It is in fact possible (and common) to take ownership of a business with none of the buyer’s own money. All that is needed is a solid business plan for the business you intend to buy, and an offer that the seller has accepted.
Assuming that you are skilled in the ‘art’ of buying businesses, money should not be an object. Each year, investment firms (such as Small Business Investment Corporations or SBICs) are forced to return billions of dollars to their investors because they are unable to find good investment opportunities.
On rglpublishing.com, through our free articles, we will teach you the ‘art’ of buying businesses and present you with a systematic plan that will help you to take ownership of a business even when you do not have personal funds available for the purchase.
It is important to note that is it always better and less time-consuming to use your own money if possible. However, if you do not have sufficient funds, you should not let that hold you back.
Our web site will provide you with the tools to help you to find, effectively value, and package a business such that you will be able to buy it whether or not you have personal funds to do so.
We will also provide you with sources of funding that you can easily find on the Internet and that you can start to contact immediately to get started. (WARNING: Do not borrow money from friends and family when buying your business!)
All we ask is that you be persistent, focused and dedicated to the task of buying your business, until the day you close on the transaction. With these qualities, we give you our full guarantee that your success is certain.
Rudy LeCorps
About the Author
The author and his wife are the owners of various businesses, including a Car Rental Franchise and a Publishing company. He also works full-time for a large Wall Street Investment Bank.
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