An advantage in purchasing an existing business is which of the following?
A) Image is difficult to change.
B) There is an established customer base at the present location.
C) Employees may be loyal only to previous management.
D) The business location is unfamiliar.

Question

Quizplus · Accepted Answer

An established customer base is a significant advantage when purchasing an existing business, as it provides immediate revenue potential and reduces the time and effort needed to build a new customer base from scratch.

An Advantage in Purchasing an Existing Business Is Which of the Following