One should buy an existing business even if the financial condition of the firm is poor.

Name: One should buy an existing business even if the financial condition of the firm is poor.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Buying a business with poor financial health can lead to significant challenges, including difficulty in turning the business around, potential debt issues, and the risk of failure. It's crucial to conduct thorough due diligence and consider the financial stability of a business before making a purchase.

One Should Buy an Existing Business Even If the Financial