FRUSTRATED CONSULTANT URGES ENTREPRENEURS TO BUY A BUSINESS

Released on = January 1, 2006, 6:33 pm

Press Release Author = Michael Lee

Industry = Small Business

Press Release Summary = Business consultant Michael Lee claims that entrepreneurs
should seriously consider the benefits of buying a business, especially since the
costs are nearly the same as those associated with starting a business.

Press Release Body =
FOR IMMEDIATE RELEASE


FRUSTRATED CONSULTANT URGES ENTREPRENEURS TO BUY A BUSINESS

Business consultant Michael Lee claims that entrepreneurs should seriously consider
the benefits of buying a business, especially since the costs are nearly the same as
those associated with starting a business.

New York, NY - \"Buying a business is far more profitable than starting a business,\"
claims business consultant Michael Lee. After having helped both aspiring
entrepreneurs and business buyers, Lee claims that entrepreneurs should buy a
business instead of starting one.

Some of the benefits of buying a business include:

- An Established Customer Base

- An Established Business Reputation

- An Established Employee Base

- Established \"Business Systems\" in Place

- Established Relationships with Suppliers

\"It\'s turn-key,\" says Lee. \"Everything is all set up for you -- including business
managers who can run the business for you.\"

Moreover, Lee claims that the cost of buying a business is nearly identical to the
cost of starting a business.

To help business buyers, Lee has published several new websites that outline helpful
information on business purchase financing: www.businessbuying.org,
www.tycoontechnique.com/secret.htm, and www.billionaireblueprint.com

On his websites, Lee offers tips on how to buy a business with no money down, as
well as tips on finding businesses for sale.

Lee offers the following advice to business buyers:

(1) Look at many businesses before deciding to buy one. \"There are a lot more
businesses for sale than you think,\" claims Lee. \"Don\'t jump at the first
opportunity.\"

(2) Get professional help from attorneys and accountants. \"I could tell you horror
stories of people buying businesses without lawyers or CPAs,\" says Lee. \"They all
claimed bankruptcy within a year.\"

(3) Get 3-5 years of financial statements or tax returns. \"If you see declining
sales or flat sales for the last few years, you might be headed for trouble,\" says
Lee.

\"Above all, be careful of unscrupulous business owners,\" warns Lee. \"Many owners
are trying to dump their problems on someone else. However, even with these few bad
apples, it\'s still far better to buy a business than to start one.\"

Michael Lee is a licensed attorney and a certified business broker. He manages an
acquisitions strategy firm headquartered in New York and Los Angeles. In his spare
time, he publishes a hobby newsletter called, \"Michael Lee\'s Business Report,\" which
chronicles the world of business buying.

###

For more information about this topic, please contact:

Michael Lee
(646) 335-3283
news@billionaireblueprint.com
www.businessbuying.org
www.tycoontechnique.com/secret.htm
www.billionaireblueprint.com


Web Site = http://www.businessbuying.org

Contact Details = Michael Lee||315 Bleecker Street, #244||New York ,
10014||$$country||||6463353283||news@billionaireblueprint.com||http://www.businessbuying.org

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