In addition to customers, having systems and trained employees in place, even if not perfect, will allow you to build on something rather than taking the time to hire people and develop processes through trial and error. Most start-up entrepreneurs significantly underestimate how long it will take them to build and perfect systems, hire and train the right people, and secure stable customers. So, even if you have a great innovative idea, you still may be better off acquiring a complementary business. This will provide cash flow, while cross selling your newly launched product or service to the business' current customer base.
Contact Codiligent business brokers to learn about active buyer representation or if you aren't interested in business broker representation simply submit your acquisition criteria and we'll let you know if we represent sellers whose businesses appear to be a good match.