If you were born with that “entrepreneurial spark” in your eye, then no economist or banker is going to keep you from starting a business. While many analysts may say that it’s not a good time to become a business owner, others have found that buying a business with no money is suddenly a possibility. You may be wondering how that’s even possible at a time when credit is so hard to come by, but several articles have been written about exactly this topic.
Seller-assisted financing is only a part of the equation. If it were that easy, everyone would be doing it, but it is possible to by a decent business with a combination of seller-assisted financing and a bank loan. If the business makes sense and it’s big enough to warrant full financing, it is possible to get in without spending a dime of your own money. With lending rates at historic lows, there has never been a better time to finance a business.