Maybe you will be unspeakably lucky, and you will become the happy owner of a decent amount of money. A smart person will not invest this money in repairing or buying a car, as this will not bring profit, but, on the contrary, will only depreciate over the years. Putting money in a deposit account and withdrawing interest is profitable, but in our country how can you guess which bank will not close in the next economic crisis and not everything will go to waste. Ready-made firms and investing their savings in them is just what everyone needs for a small permanent income. Only production today is able to generate income, so ready-made companies for sale will be the most profitable solution among all.
Why Buy Companies with Turnover
- If you buy ready structure, it allows you to save money and time.
The acquisition of established project takes from several days to a couple of months, since it is necessary to go through the procedure of changing the founders.
- Acquisition of ready-made company releases you from the development of constitutional documents, protocols and time spent in lines.
This argument is correct, but in fact carries with it quite a lot of risks. Both in the case of a purchase and in the case of registering a company, everything is taken over by a specialist. In both cases, you will only need identification document. In the case when you turned to a specialist to register a company for you, you may well control the registration process and make changes to the course of business.
- You do not have to look for a legal address, because it is already purchased.
In the case of buying a ready-made company, you will indeed have a purchased legal address. In addition, if your actual and legal addresses do not match, this leads to a number of penalties and, in the most deplorable scenario, liquidation. Changing the legal address is again repeatedly money.
If the company is sold, then, accordingly, there is a change of the head: the previous one resigns the powers of the chairperson (or member) of the board, the new one takes over these powers. When resigning the head of the company, the participants in the company must decide to grant this person the so-called vote of confidence (absolutorium) on the performance of functions on the board during the term. After making such a decision, the former leader is generally exempted from liability for the harm that he probably caused to the company (with the exception of individual cases).
Buying organization with a turnover is advisable not only to save time on registering a company. To date, this procedure, with the right approach, takes only a couple of days. There are many more reasons for buying a ready-made structure, and they are more important for business. Ready firm with turnover and a positive history inspires confidence and opens up good prospects for entrepreneurs for further business development.
General advantages of buying ready-made business are:
- Quick start of your own business. We recommend buying a project with turnover and history in order to get rid of all the difficulties related to company registration.
- Admission to tenders and auctions. Companies that have already proven themselves and have working capital take part in tenders and auctions without any problems.
- Resumption of activity. If you have ever had to run a business before and you want to try again, then the decision to purchase a firm is the best option for you.
- Lending and leasing. Financial institutions have great confidence in long-established companies and in most cases issue funds for development and other purposes.
Therefore, taking on the leadership of an existing company, the new leader needs to understand the current state of affairs and the history of the company, which he takes over. In the future, he/she will be responsible for its current state.