- Sep. 16
- Richard Parker
What Types of Business Can You Buy?
If you want to start a business, you don’t have to do everything yourself; there are alternatives. One way is to search for a trusted business listing platform and find a business for sale that matches with your values and commercial interests.
You might be surprised by the type of businesses on offer; you can find opportunities in every industry imaginable, so to narrow things down a little, this article gives you a brief overview of what you can expect to find when searching for opportunities online.
An Agriculture Business
Agriculture might not be the most obvious business to research if you’re looking for a new project, but there are plenty of opportunities in this sector for interesting and lucrative projects. The most common type of agriculture business is a farm or smallholding.
It can be interesting to buy some farmland and start a business, but that’s not the only way you can make money from agriculture. In addition, there is a lot of trade in agriculture supplies, opening up more opportunities for commercial interests from outside the farming communities.
Commercial Property Businesses
Commercial property includes real estate – that is the most common form of commercial enterprise – but this isn’t the only way you can invest in commercial property. You can also buy shops and cafes, holiday homes, pubs, and much more.
Commercial property businesses are popular and viable options whether you want to invest in a business you can operate full-time or as a part-time interest. In most cases, real estate is a sound investment opportunity that is relatively low-risk.
Engineering Businesses
Engineering businesses might seem like a bridge too far when you look at your skillset and qualifications, but remember that the engineering sector also includes technology and electrical services, two currently booming industries.
You might consider buying into a franchise or investing in a consultancy service that provides sounds advice for people struggling with personal or commercial technology. Don’t forget to browse all categories and make sure you aren’t missing out on any niche opportunities.
Catering Businesses
Commercial property is a common and lucrative businesses interest, but so are catering businesses. Catering businesses include shops, cafes, bars, restaurants, mobile kitchens, and lots more. If you have a passion for food, this is an excellent fit.
But owning and running a restaurant isn’t the only type of business you can buy within the food industry; you can also invest in catering supply companies, a massive and essential component of the food industry, and one in which there are many opportunities.
Franchise Businesses
Buying a business from a trusted platform is an excellent way to get one off the ground with less work and planning. Often, when you buy a business, you already have some infrastructure, some trained staff, and all the legal and compliance documents.
Still, there is some risk in buying a business that you don’t have with a franchise. On the other hand, a franchise provides everything you need to start the business from scratch, including support and advice. So, if you want o buy a business but lack experience, a franchise is an excellent alternative.