An advantage of buying an existing business versus starting a new business is _____.
A)the ability to generate new supplier relationships
B)the ability to generate immediate sales
C)no cost for goodwill
D)flexibility in developing and changing retail strategy

Question

Quizplus · Accepted Answer

Buying an existing business means inheriting an established customer base and generating immediate sales, whereas starting a new business may take time to build brand recognition and attract customers.

An Advantage of Buying an Existing Business Versus Starting a New