When an entrepreneur purchases an existing business,he or she essentially is purchasing its future profit potential.

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When an entrepreneur purchases an existing business, they typically do so with the expectation that they will be able to generate future profits from the business. While they may pay a premium for the business based on its past performance, the ultimate goal is to leverage its existing customer base, assets, and brand equity to generate returns over the long term. However, it is important to note that the entrepreneur's ability to realize this profit potential will depend on a variety of factors, including market conditions, competitive pressures, and their own skills and resources.

When an Entrepreneur Purchases an Existing Business,he or She Essentially