Less time and effort are required to take over an existing business than to start a new one because
A) new businesses usually require intensive efforts to build a customer base.
B) operations of a new business have to be worked out.
C) employees often must be hired.
D) suppliers typically must be located.
E) all of the above.
Correct Answer:
Verified
Q12: The two basic considerations in determining the
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Q15: Among the advantages of buying an existing
Q16: One of the reasons why starting a
Q18: Part of the risk associated with the
Q19: Part of the prospective buyer's task in
Q20: The I know what it cost me
Q21: The possibility of buying a business at
Q22: In negotiating with an owner for the
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