From Robert Ashton, How to Start Your Own Business for Entrepreneurs: However appealing the idea of buying an existing business may seem, there are times when you’ll be better to start from scratch. There are lots of benefits to creating a business from nothing. These include:
- A marketplace with no preconceived ideas or expectations;
- The opportunity to be new, fresh and different from competitors;
- An ability to set your own pace, perhaps starting part-time.
The other factors to take into account in making this decision are covered in Chapter Six: “Starting up or taking over an existing enterprise.”