Four Ways to Start Your Own Business

This Element is an excerpt from The Truth About Starting a Business (9780137144501) by Bruce Barringer. Available in print and digital formats.

Choose the best way for you to go into business because you have more options than you may realize.

There are four common ways to get into business: starting from scratch, buying a franchise, participating in direct sales, and buying an existing business. When most people think of starting a business, they think of starting from scratch. But there are pluses and minuses to each method of getting into business.