One advantage of buying an existing business instead of a franchise is that an existing business already has an established cash flow.

Question

Quizplus · Accepted Answer

When buying an existing business, the business has already been operating and generating revenue, which means there is an established cash flow. In contrast, with a franchise, there may not be an established cash flow as the business is just starting out under new ownership.

One Advantage of Buying an Existing Business Instead of a Franchise