Motivated by his desire to operate his own business,Caleb is considering the purchase of an existing business.As he carefully weights this option,he is likely to find that:

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The value of an existing business is typically determined by its assets, income, and unique characteristics. This is important for Caleb to consider as he weighs the potential benefits and drawbacks of purchasing an existing business. Option A is incorrect because many small business owners do choose to sell their businesses for a variety of reasons. Option B is also incorrect as the success of starting a new firm versus purchasing an existing one can vary depending on the individual situation. Option D is a generalization and is not necessarily true.

Motivated by His Desire to Operate His Own Business,Caleb Is