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 determined by factors such as its assets, earnings, and unique characteristics. This is important for Caleb to consider in order to make an informed decision about purchasing the business. Option A is incorrect as many small business owners may be interested in selling for various reasons, such as retirement or changing career paths. Option C is incorrect as selling a business does not necessarily mean the owner is experiencing financial problems. Option D is also incorrect as purchasing an existing business can provide Caleb with an established customer base and operations, potentially increasing his chance of success.

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