When acquiring a business, the buyer should ________.
A) conduct a self-analysis of skills, abilities, and interests
B) prepare a list of potential candidates
C) investigate potential candidates and carefully evaluate them
D) All of the above

Question

Quizplus · Accepted Answer

All three options are important steps in the process of acquiring a business. The buyer should first conduct a self-analysis to ensure that they have the necessary skills, abilities, and interests to successfully run the business. Next, they should prepare a list of potential candidates that meet their criteria. Lastly, they should investigate those potential candidates and carefully evaluate them to determine which one would be the best fit for their needs.

When Acquiring a Business, the Buyer Should ________