Buying an established business may involve inheriting old mistakes that can range from poor employee relations to pending lawsuits.

Question

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When buying an established business, there is a risk of inheriting old problems and mistakes made by the previous owners or management. This can include issues related to employees, legal liabilities, or financial mismanagement. It is important for the buyers to conduct due diligence and assess the risks associated with the purchase before making a decision.

Buying an Established Business May Involve Inheriting Old Mistakes That