The advantage of buying an existing business is the ability to develop and design the business in the entrepreneur's own way.

Name: The advantage of buying an existing business is the ability to develop and design the business in the entrepreneur's own way.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement is false. When buying an existing business, the entrepreneur is limited by the business's current structure and operations. They may be able to make some changes, but they cannot completely redesign the business.

The Advantage of Buying an Existing Business Is the Ability