One advantage of buying an existing business is:
A)you always get the best location.
B)the opportunity to participate in a national advertising campaign.
C)equipment is installed and production capacity is known.
D)easy implementation of innovations and changes from past policies.

Question

Quizplus · Accepted Answer

Buying an existing business provides the advantage of installed equipment and known production capacity, which can save time and money in setting up a new business. This helps the buyer to start operations promptly and avoid any delay in production. Option A is not always true; the location may not be the best for the buyer's needs. Option B may not be applicable to all businesses. Option D assumes that past policies were effective and that the changes are necessary.

One Advantage of Buying an Existing Business Is