CompexAfrica16's Posts
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Embarking on the journey of turning a hobby into a career is a good idea and very rewarding. So, are you considering setting up a new business from scratch or buy an existing business? Building a business from scratch can be very rewarding but there are things that make up its elements; among which are the need for a unique product or services, technology, and legal duties. The bottlenecks involved in getting a new business up and running could be very worrisome sometimes. But the truth of the matter is, there are very few “new ideas” out there that have not already been tried. A thorough evaluation and understanding of the marketplace, competition and answering the question ‘Why’ are critical to the success of any new venture. Not having a proper track record to go with could pose serious problems when starting a business from scratch. There could be a difficulty of coming up with your own idea, building a customer base, marketing the new business and establishing cash flow. Also, obtaining financing from financial institutions and potential investors may be very difficult due to lack of track record. According to research made by Small Business Administration, only 5% of small businesses in Nigeria survived the first five years after they were launched. This implies that 8 out of 10 small business in Nigeria fails within some period of time and it is no longer news that 99% of all new business ventures fail in the first ten years. Thus, the chances of survival of a start-up business in Nigeria is low. “There are no disasters in business that you can’t avoid if you see them coming and make the adjustments.” – Boune T. Pickens. Jr. However, buying an existing business may be a more efficient way to business ownership. It is less risky and provides a proven track record on which other important factors leverage on; Financing a purchase is often easier also is its strategic location and established customer base. An established business has an operating process, trained employees and relationships with strategic partners. Operating an established business makes more fun and offer a better growth potential than starting a business from the scratch because you are buying the assets of the business and a proven idea. More so, the existing cash flow can provide immediate income to the buyer. Generally, the advantages of buying an existing business outweigh the disadvantages. Experts generally agree that when you buy a business, you take a calculated risk that eliminates a lot of the pitfalls and potential for failure that come with a starting a new business. Therefore, paying the extra cost for an existing business will outweigh the risks of starting one from scratch. |
Still available |
A functioning poultry containing 20,000 birds, a warehouse, 250KVA generator and a spacious land for further expansion is for sale in Ikorodu. Call, Lanre: 08037533846 |
A brand new filling station for sale. Please call 08037533846 or visit www.compexafrica.com for more details. |
propertypage:Please list this on our website for better publicity at www.compexafrica.com or call 08037533846 for enquiries. Thank you |
propertypage:Hello, we have clients that are interested in the property, please list it on our website at www.compexafrica.com so that the buyer can contact you directly. or call 08037533846 for further details |
Please list your businesses on our website at www.compexafrica.com We have clients that are interested in them GATEHOMES111: |
CompexAfrica has launched its business valuation tool that helps business owners to estimate the worth of their businesses. Click https://www.compexafrica.com/valuation-tool |
LeonOgu:Hello, we have clients that are interested in the property. Kindly list the property on our website on www.compexafrica.com or call 08037533846 for more details. |
Nelton:Hi, we have a client that is interested in that property. Kindly list your business for sale on our website so that the buyer can contact you directly. Contact me on 08037533846 or visit www.compexafrica.com for more details |
CompexAfrica is an online marketplace for buying and selling of businesses. We help business sellers, brokers, and buyers get involved in the business sale process. We have a comprehensive list of businesses that cut across retail, agric business, education, internet, food & beverages, oil & gas, hospitality, real estate, services, health, and manufacturing. Please contact me on 08037533846 for enquiries. |
Buying an existing business may be a more efficient way to business ownership than building from scratch. It is less risky and provides a proven track record on which other important factors leverage on; Financing a purchase is often easier and also is its strategic location and established customer base. visit www.compexafrica.com to buy a business today. |
visit www.compexafrica.com to list your business for sale and business wanted. |
Compex Africa is an online business platform that helps business sellers, brokers, and buyers to get involved in the business sale process. Compex Africa has a comprehensive list of businesses for sale that cut across retail, agric business, education, internet, food & beverages, oil & gas, hospitality, real estate, services, health, and manufacturing. Our service is absolutely free, No hidden charges! The first of its kind in Nigeria. What we offer: • Our platform ensures that sellers and brokers have access to a good number of qualified business buyers searching our listings everyday. They can post unlimited business for sale and business wanted listings, and we will notify them via email when potential buyers/sellers are available. • It provides a professional directory where thousands of potential business sellers and buyers look for assistance and thus, provides a business referral service. • Access to our online business valuation tool that is free, easy to use, and very attractive to assist them in estimating the true worth of their businesses. We ensure a seamless business transaction by continuing with them throughout the unbundling process. List your business on Compex Africa, you are guaranteed a maximum access to thousands of clients that visit our site daily. |
Do you want to know the estimated worth of your business? Compex Africa is an online marketplace that helps business sellers, brokers, and buyers get involved in the business sale process. Kindly click on the link to find out the true value of your business https://www.compexafrica.com/valuation-tool |
Do you want to know the estimated worth of your business? Compex Africa is an online marketplace that helps business sellers, brokers, and buyers get involved in the business sale process. Kindly click on the link to find out the true value of your business https://www.compexafrica.com/valuation-tool |
Do you want to know the estimated worth of your business? Compex Africa is an online marketplace that helps business sellers, brokers, and buyers get involved in the business sale process. Kindly click on the link to find out the true value of your business https://www.compexafrica.com/valuation-tool |
Do you want to know the estimated worth of your business? Compex Africa is an online marketplace that helps business sellers, brokers, and buyers get involved in the business sale process. Kindly click on the link to find out the true value of your business https://www.compexafrica.com/valuation-tool |
Do you want to know the estimated worth of your business? Compex Africa is an online marketplace that helps business sellers, brokers, and buyers get involved in the business sale process. Kindly click on the link to find out the true value of your business https://www.compexafrica.com/valuation-tool |
Do you want to know the estimated worth of your business? Compex Africa is an online marketplace that helps business sellers, brokers, and buyers get involved in the business sale process. Kindly click on the link to find out the true value of your business https://www.compexafrica.com/valuation-tool |
Do you have businesses for sale or planing to buy an existing business, then Compex Africa is your sure bet. Compex Africa is an online platform that ensures business sellers, brokers and buyers get involved in business sale process. visit us today at www.compexafrica.com |
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