What is not one of the advantages of buying an on-going venture?
A) Because the enterprise is already in operation, it's continued successful operation of the business is more likely
B) The time and effort associated with starting a new enterprise are eliminated
C) The venture allows you to capture a completely different market that has not yet been tapped.
D) It is possible to buy an ongoing business at a discount to its proper valuation
Correct Answer:
Verified
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