ENTREPRENEURIAL OPPORTUNITIES
IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following aspects should the entrepreneur consider when buying an already established business?
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Reasons for the sale of the business
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Contracts the business has already entered into
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The form of business ownership
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Rental agreements
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The industry / market the business operates in
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Explanation:
Detailed explanation-1: -Cost of Start-up. Control vs. Profits-to Share or Not to Share. Taxation. Entrepreneurial Ability. Risk Tolerance. Financing. Continuity and Transferability.
Detailed explanation-2: -Know What It Means. Benetrends client Rick McVey purchased an existing business. Learn the History. Understand the Finances. Assess the Customer Base and Prospects. Discover the Skeletons. Look at the Assets. Why Are They Selling? More items •10-May-2018
There is 1 question to complete.