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Why buy a business

Creating Your Own Future

90% of those of us who reach retirement age are dependent on family or social security. Of the remaining 10%, only 1% are wealthy. 74% of that 1% owned their own business.

Very few who have made the move into their own business go back into the corporate world. The most common reasons for buying a business are:

 

Job Satisfaction

Many leave the corporate world to buy and manage a business of their own. This move is often driven by increasing frustration with the Corporate scene. Their own business provides a vehicle to greater job satisfaction and security, with control over their future.

 

Asset Accumulation

Many senior business executives purchase a business to operate under management whilst they continue their corporate career. This forms part of their personal investment portfolio and retirement programme, and creates the option to move fully into the business at a later date. 

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