A purchased business or franchise does not require immediate and constant cash flows to meet ongoing obligations.

Name: A purchased business or franchise does not require immediate and constant cash flows to meet ongoing obligations.
Brand: Quizplus
Rating: 4.9 (47 reviews)

Question

Quizplus · Accepted Answer

A purchased business or franchise still requires ongoing cash flows to meet obligations such as rent, employee wages, and inventory purchases. These ongoing expenses must be factored into the financial planning for the business.

A Purchased Business or Franchise Does Not Require Immediate and Constant