Starting a business or buying an existing one which will be easier to run

April 11, 2018 12:21am CST
I'm thinking of starting a clothing business and an existing one by a friend is in the offing to be sold,don't know if I should buy that or start mine afresh. What do you think will be the best?
4 people like this
8 responses
@ivanituut (1934)
11 Apr 18
Much like it more if start a new one because it's very challenging
2 people like this
@Berrygal (5834)
11 Apr 18
Buy the existing one you will inherit previous customers and it will be easier to gather customers
1 person likes this
11 Apr 18
your reason.is valid
1 person likes this
@Berrygal (5834)
11 Apr 18
@augusta123 I know you can relate
@Shavkat (140138)
• Philippines
11 Apr 18
I prefer to start my own business. As long as it is feasible.
@Shavkat (140138)
• Philippines
11 Apr 18
@augusta123 As long as the businessman knows what he is doing.
11 Apr 18
Okay better. that way I guess
@mlgen1037 (29886)
• Manila, Philippines
11 Apr 18
Starting a new business for me.
1 person likes this
11 Apr 18
better then
1 person likes this
@mlgen1037 (29886)
• Manila, Philippines
11 Apr 18
@Jessabuma (31700)
• Baguio, Philippines
11 Apr 18
For me I choose to start a new business..
11 Apr 18
Better that way i guess
• Philippines
11 Apr 18
It depends. If you think people will keep on patronizing the products, then it's okay to go for it.
1 person likes this
11 Apr 18
yea
@porwest (92735)
• United States
11 Apr 18
Whether existing or new, no business is ever easy to run, and one or the other is never easier to run. If you don't have the business expertise, even a successful existing business will not be successful. Certainly though, an existing business will already have a reputation, and a predetermined clientele. But if you can't follow the success of the business under its old leadership, the business will not survive new leadership.
12 Apr 18
Well , i will say , if you have the capacity to start your own afresh , it would hahe been the best , but if you know that the capital is not there for you, go for her own firstly, so that you can at least gather up money and later you stand on your own .