Instructions to decide the correct method for beginning a business.

Dear Blurt Community

When entrepreneurs choose to start a business, most of them will consider the following methods. When making a choice, the entrepreneur's business philosophy, personality and preferences are the factors that affect the choice.

For example, the entrepreneur has a strong personal business philosophy and wants to create his own brand. Recent scenario to make a new company, but it will be difficult to start; while the acquisition of an existing business and the business of entering a franchise are both quicker, in fact, as long as the basis Choosing the appropriate form for your own business development speed requirements can improve the probability of success.
Building a new company
Most business people accept that beginning a business ought to begin with a spic and span business, so starting a brand new business is often the main way to start a business.
Advantages:
It can operate according to the mode envisioned by it in advance; there is no historical burden; the speed of enterprise registration is faster; it can start with a small business.
Disadvantages:
It is difficult to enter the market and needs to participate in fierce competition; the company needs to go through a period of low income or loss of business, and the psychological pressure is high; customer loyalty has not been established, and there may be a risk of failure after a period of operation; Initially, it was difficult to obtain bank financing.

Purchasing ready-made enterprises
Some entrepreneurs like to rely on the mergers and acquisitions of enterprises to achieve a large scale of business in a relatively short period of time. In Europe and the United States, there have been many specialized enterprise mergers and acquisitions experts, asset restructuring, asset evaluation, financing support, and stock listing. service system.
Advantages:
For companies with normal business, they can generate income or profits immediately after purchase; they can use the brand and goodwill of the original companies; they can obtain ready-made customer groups.

Disadvantages:
additional expense for generosity; there might be swelled resources, and business may not be pretty much as great true to form; simple to engage in pre-buy corporate debates or obligations; change the plan of action, theory, framework or acquiescence of the first undertaking Employees have specific troubles.

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