As discussed in the Opening Profile to Chapter 12, Gerald Schwartz is an example of a very successful entrepreneur who likes to buy distressed businesses, improve them, and then keep them.
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Q1: As discussed in the Opening Profile to
Q3: As discussed in the text, between 35%
Q4: One of the major causes that lead
Q5: The most common reason cited for bankruptcy
Q6: Starting a business based on an idea
Q7: Trying to grow too quickly can be
Q8: The most common reason for companies that
Q9: An over-reliance on debt as their main
Q10: Approximately 68% of businesses that fail in
Q11: External shocks that may hurt a business
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