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Published on Feb 4, 2011
http://www.business-sale.com - There are many reasons why people buy businesses - it all depends on their aims. Established businesses often find that expanding by acquisition is the most efficient growth route, particularly when they are looking to conquer new markets.
To acquire new technology quickly or to secure a team of talented people are another two popular reasons.
For those looking to own their own business for the first time, buying an established enterprise will significantly cut the risk of failure that remains very high for start-ups. From day one, the new owner can focus on growth and sales.
In a tough economic climate when organic sales are difficult to build and company valuations are running low, it's the perfect time to grow through acquisition.