For me business from scratch is hard to attain, building it all the way up would require so much time and passion unlike buying a business that if it makes profit and have a good cash flow you can take it and get passively from it. So I'll just a buy business instead but before that there are some things I need to consider like the timing, my skills if it relevant to the business, its market condition, etc. This topic is ultimately depends on each of us, some of us may find their success from zero and some of us may acquire a maintaining number. There's no better if you know all the advantages, you just need to consider the factors.
If you don't have enough experience and knowledge, how can you ensure that the business you buy will have the opportunity to make a profit? And meanwhile, of course, someone will not sell their business if the business is profitable. Someone will only sell their business when the business experiences serious problems or is on the verge of bankruptcy. And how can you possibly ensure that after transferring ownership the business will continue to progress and develop, if you yourself as the company owner do not have sufficient knowledge and ability to solve the problem.
Indeed, building a business from scratch is very difficult and not as easy as turning the palm of your hand. However, when we succeed in building a business gradually by going through all the processes until the business becomes big. So when you buy a company where the company is on the verge of bankruptcy, for you it is not difficult for you to revive the company. Because you are used to facing and solving problems that exist in a business.
Sarting a business is hard and deserves praise. But why assume that reviving a struggling business is any less of an accomplishment? Each path presents unique obstacles and rewards. Entering a failing firm is an opportunity to innovate, restructure, and revitalise it. Isn't this the ultimate entrepreneurial test? The problem-solving abilities learned in such a situation are invaluable. You become resilient, resourceful, and adaptable. Why is resurrecting a business less noble or fulfilling than starting one from scratch? Each journey shows entrepreneurship's resilience?