It is less risky for individuals who want to become small business owners to start their own business than to buy an existing business.

Question

Quizplus · Accepted Answer

Buying an existing business provides the benefit of an established customer base, an operational system, and a proven track record of success. Starting a new business involves uncertainty, market research, and building a brand from scratch, which increases the risk.

It Is Less Risky for Individuals Who Want to Become