Why buy a creative business
The main reason for buying a business rather than forming your own start up is to save time, reduce risk and to increase profitability faster.
It’s a well known statistic that 50% of small businesses fail in the first five years.
It’s also pretty well known that graduates in creative arts subjects earn less and have fewer opportunities in the UK than engineers or scientists.
But there are many thriving creative businesses in a broad variety of fields making good money.
By purchasing an existing business you can avoid the highest risk period, the business has customers, is making money and, hopefully, has the potential for you to take it further.
What to look for
The Acorn.finance FUNDED process
To ensure every Acorn.finance customer gets the same access to the very best funding sources we’ve developed a 6 step sequence that we’ll work through with you to ensure you get the funding you need, for both now and for the future of your business.
F – Facts – before we start it’s important for all the business facts, financials and background to be available.
U – Understanding – only by understanding you and your business will the solution be the best for your growth plan.
N – Needs – by fully understanding your plans we’ll work with funders who will meet your needs both now and for the future.
D – Discuss – working with our panel of the best funders in the market we’ll work through your case with them to ensure they understand your needs in detail.
E – Execute – by using Acorn.finance to arrange your funding you save hours of time spent on calls and applications. We work with the finance company to streamline every finance case.
D – Deliver – we work hard with all the professionals involved to ensure you get the funding you need, in good time.