Which of the following is most likely to be an advantage of buying an existing business?

Question

Quizplus · Accepted Answer

Buying an existing business often requires less cash outlay than creating a start-up since the infrastructure, equipment, and customer base are already in place. Option A is incorrect because finding an appropriate existing business for sale can still be a challenge despite the technology. Option C is not necessarily true as existing managers and employees may resist change, and job security is not always guaranteed. Option D is incorrect because new technology needs may still arise depending on the industry and the age of the business.

Which of the Following Is Most Likely to Be an Advantage