Short and Shearer are two friends who want to begin an entrepreneurship as business partners. They need to decide whether to start up a new business or to buy an existing business. To do this, Short and Shearer need to weigh the pros and cons of each in order to see what the best strategy for them would be.
Which of the following, if true, would strengthen the case for Short and Shearer buying an existing business?
Short and Shearer have a lot of ideas as to the kind of business they would like to own.
An existing business would have an existing customer base that Short and Shearer would inherit.
An existing business for sale might have difficulties that Short and Shearer would inherit.
Short and Shearer greatly value independence.
Existing small businesses are usually carrying debts.

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The Answer of Short and Shearer are two friends who want to begin an entrepreneurship as business partners. They need to decide whether to start up a new business or to buy an existing business. To do this, Short and Shearer need to weigh the pros and cons of each in order to see what the best strategy for them would be.
Which of the following, if true, would strengthen the case for Short and Shearer buying an existing business?
Short and Shearer have a lot of ideas as to the kind of business they would like to own.
An existing business would have an existing customer base that Short and Shearer would inherit.
An existing business for sale might have difficulties that Short and Shearer would inherit.
Short and Shearer greatly value independence.
Existing small businesses are usually carrying debts.

Short and Shearer Are Two Friends Who Want to Begin