When people think of entrepreneurship, they typically think about creating a startup from scratch. However, buying and growing an existing business offers an alternative path to ownership with its own risks and rewards. With a pre-owned business, you can skip some of the startup growing pains and take advantage of an established customer base — you just need to have a clear view of what you're signing up for with this new venture including any challenges built in from previous ownership that may need extra attention to solve. In this course, we'll discuss the pros and cons of buying an existing business, as well as the critical elements you need to consider when investigating if the purchase is right for you.