A key question to ask when buying an on-going small business is which of the following?

Question

Quizplus · Accepted Answer

The most important question to ask when buying an on-going small business is how many personnel are going to remain. This will help you understand the existing workforce, their roles and responsibilities and if you need to add more or reduce staff. Knowing the number of personnel will also allow you to plan your expenses and ensure the business continues to operate smoothly. Age of the business, retirement plans, and becoming a millionaire are also important but not as crucial as understanding the workforce.

A Key Question to Ask When Buying an On-Going Small