“According to the Small Business Administration, default rates of small business loans are currently right about 2 percent. Similarly, according to the Thompson Reuters/PayNet Small Business Delinquency Index (SBDI), the amount of small business loans that go delinquent on the national level has been running under 1.5 percent since 2012.29 This means the $1 million at risk when acquiring a business has about a 2 percent chance of failure. This is a drastically different profile than building from scratch. If you equate not failing with success, then buying a company has an approximate 98 percent success rate.”