Multiple Choice
All of the following are advantages of buying an existing business, except:
A) Buying an existing business can reduce the risk.
B) Acquiring a "going concern" with a good past history increases the likelihood of a successful operation for the new owner.
C) Has an established clientele.
D) Poor location.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Acquisition candidates may include present or potential
Q11: What makes a family business so challenging?
Q12: It is estimated that approximately _ percent
Q13: What is the rule-of-thumb for evaluating businesses
Q14: All of the following are balance sheet
Q16: Financial ratios are open to wide interpretation
Q17: One of the advantages of buying a
Q18: Industry Canada, as part of its SME
Q19: About 80 percent of all family businesses
Q20: The data provided by the SME Benchmarking