One reason for choosing to take over an existing business rather than starting a new business from scratch is
A) to get a better deal on equipment.
B) to inherit existing employees.
C) to avoid micromanagement.
D) to grow more slowly.
E) to reduce uncertainty.

Question

Quizplus · Accepted Answer

Taking over an existing business reduces uncertainty because the business already has an established customer base, proven products or services, and a track record of financial performance.

One Reason for Choosing to Take Over an Existing Business