The benefits of buying a business with Ace Chapman Today, we’re talking about one man’s solution to business failure. I do hate to talk about failure, but the odds are not in our favor. According to Bloomberg, 8 out of 10 entrepreneurs who start businesses fail within the first 18 months. Ace Chapman is convinced buying an existing business is the way to create the life and earn the income you want. We cover a lot of ground in this interview, so if you’re even thinking this could be an option, you’ll get ideas on where to find businesses to buy, the best ways to find funding for your purchase, and the one thing Ace includes in his deals that could lead to your eventual business success. What you'll learn in this episode: *The difference between an entrepreneur and a business owner - and which one best describes you *How to find businesses to buy *Why Ace's first business (which he bought and then sold) cured him of ever starting his own venture from scratch ever again *The key things to look for when evaluating a business deal *The one thing Ace includes in his deals. It's something he learned from that first deal he carried out at the age of 19 *Questions to ask yourself if you're considering buying a business Links mentioned in this episode: Ace Chapman on YouTube Email Ace: ace@acechapman.com Ace Chapman's Buyers Readiness Test Did you enjoy the show? Please subscribe to the STANDOUT with Cheryl Tan podcast on iTunes here.