menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Small Business Management
  4. Exam
    Exam 7: Buying an Existing Business
  5. Question
    One of the Disadvantages of Buying an Existing Business Is
Solved

One of the Disadvantages of Buying an Existing Business Is

Question 16

Question 16

True/False

One of the disadvantages of buying an existing business is that customers may be loyal to previous owners.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q11: To be enforceable,a covenant not to compete

Q12: Before purchasing an existing business,an entrepreneur should

Q13: Accounts receivable in an existing business:<br>A)are rarely

Q14: One reason why an owner is selling

Q15: When negotiating the deal,the most important thing

Q17: In a business sale,the seller is looking

Q18: If the firm owns any trademarks,patents,or copyrights,or

Q19: The _ is the area within which

Q20: Describe the earnings approach for valuing a

Q21: Which one of the following is not

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines