Making your own hours, being your own boss, and doing what you love to do are three popular reasons why people consider starting their own business. About half of all Americans dream of owning their own business, according to a BizBuySell poll. This is no surprise, as meeting strict deadlines, arriving at work on time, and limited vacation time are some of the pitfalls of working under someone else. But starting your own company, or buying an existing business is not as easy as it may sound. There are a number of financial, logistical, and legal factors to consider, which could be reason why 90 percent of people who look into buying a business never follow through with the transaction.
But for the remaining 10 percent who do buy a business, many of them utilize business brokers to help clos