Since then, it has acquired two companies that
lend more
credibility to its quest — TripScanner, for managing travel expenditures and InvoiceSmash, for creating and
processing electronic invoices.
1) Much lower risk of failure, 2) Business generates cash flow from day one (preferably positive cash), 3) Proven business concept and
processes, 4) Proven products, services, marketing and sales strategies, 5) Established customer base providing referrals and references, 6) Established suppliers, 7) Trained employees in place, 8) Immediate
credibility and perception of success, 9) Seller likely to
lend support and may assist with financing, 10) Easier to secure affordable financing to complete the acquisition.