Motivated by His Desire to Operate His Own Business, Nick

Multiple Choice

Motivated by his desire to operate his own business, Nick considers purchasing an existing business. As he carefully weighs this option, he is likely to find that:

A) very few owners of small businesses have any interest in selling.
B) his potential for success would greatly improve if he started his own new firm.
C) the value of an existing business is determined by what the business owns, what it earns, and what makes it unique.
D) any entrepreneur willing to sell his/her business is experiencing serious financial problems.