Which of the following statements BEST explains why an initial purchase price of an existing business could be higher than the immediate up-front costs associated with a startup?
A) Existing businesses provide less risk than a franchise within a competitive market.
B) A strategic plan is in place to increase customer satisfaction.
C) A guaranteed customer base is in place to facilitate taking over the business.
D) Suppliers, staff, equipment and inventory are in place to facilitate taking over the business.
Correct Answer:
Verified
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