There are more and more companies appearing every day. When it comes to company formation, some entrepreneurs decide to start their businesses from scratch, prepare all the documents, obtain the necessary licenses etc. However, some of them buy a ready-made company and start doing business immediately without many thoughts. The popularity of the ready-made companies is rising and due to this we decided to point out some of the main benefits of buying a ready-made company.
What is a ready-made company?
A ready-made company or a shelf company is an established enterprise that has remained unactive or was incorporated in the past few years. Usually, this kind of company has never been a part of their usual business transactions, but it is legally registered and eligible for transactions.
Easier to be approved for business banking
The first benefit of buying a ready-made company is that it is easier to be approved for business banking. As every entrepreneur knows, banking is an essential part for running a company. Why is it beneficial to have a shelf company when applying for a business bank account? In many cases, an already registered company that had had some business activity and had made some investments looks more trustworthy for the bank. As a result, it will be easier to open a business bank account or apply for a loan.
Gaining new contracts
The second advantage on the list of the main benefits of buying a ready-made company is the possibility to gain new contracts easily. As it has already been mentioned a shelf company is a company that has some history. When it comes to applying for different tenders, some authorities can insist the company must have been registered for a certain amount of time. If you decide to buy a company with a history, you can be sure that the authorities will have more trust in this enterprise. If you are interested in buying a ready-made company leave your request on the website, and our professionals will contact you as soon as possible.
Increased trust from clients
It is obvious that every business needs clients, that’s why we included the possibility to increase trust from the clients as the next benefit of buying a ready-made company. Research shows that clients are more likely to use the services of a company that has already been in the market for some time. As it shows that the company is experienced and trustworthy. Unfortunately, new companies don’t have a history and need to gain the trust of the clients from scratch.
To purchase a ready-made company is not only stress-free but also time-efficient. For example, when forming an enterprise many documents should be gathered and requirements met. Of course, it takes some time and usually it is more than expected. When you are purchasing a ready-made company, it is possible to avoid these activities. After slight changes in some details, you can begin trading with the company. Basically, this issue can be solved in one day.
To conclude there are many advantages to purchasing a ready-made company. First of all, with a ready-made company it is easier to be approved for business banking, such as applying for a business bank account or loan. Secondly, you can easily gain new contracts and increase the trust from the clients. And the next benefit of buying a ready-made company is that it is quite time- efficient and startups issues can be solved in one day. If you want to buy a ready-made company or learn more about the opportunities it provides, do not hesitate to contact our team.