When buying an existing business,the potential buyer should remember that:
A) it is a long process and the buyer should be patient.
B) existing businesses often do not continue to be successful after a change in ownership.
C) it is often more difficult to find capital for an existing business than it is for a start-up.
D) he/she will likely have to make significant changes in the work force.
Correct Answer:
Verified
Q15: The most common reasons owners of small-
Q16: When it comes to buying an existing
Q17: When negotiating the deal,the most important thing
Q18: The process of gathering information about the
Q19: The biggest source for the best companies
Q21: _ clauses require the buyer to pay
Q22: A valuation method that is more realistic
Q23: The valuation method that is commonly used,but
Q24: The _ approach to valuing a business
Q25: To be enforceable,a covenant not to compete
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