When evaluating the financial foundation of a business, the owner should consider

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Evaluating the financial foundation of a business requires analyzing several aspects of the company. The owner should consider whether the firm is exploiting its key competitive advantages, which would ensure its profitability and sustainability in the long-term. Additionally, comparing current activities with the mission statement would indicate whether the company's operations align with its values and goals. Finally, comparing current activities with industry standards would help the owner determine how the company is performing relative to its competitors. Therefore, all of these factors are crucial when evaluating a business's financial foundation.

When Evaluating the Financial Foundation of a Business, the Owner