Multiple Choice
Advantages to buying an existing business that you do not have with a startup include ________.
A) greater access to venture capital
B) the opportunity to participate in a national advertising campaign
C) inventory is in place and trade credit is established
D) easy implementation of innovations and changes from past policies
Correct Answer:

Verified
Correct Answer:
Verified
Q68: The primary focus of the self-audit is
Q69: Book value is the same as market
Q70: Paige Dominick is considering purchasing an existing
Q71: Asset valuation is an important part of
Q72: When done correctly, the due diligence process
Q74: Once the deal stage is complete, the
Q75: A non-compete is usually one of the
Q76: Briefly describe the advantages and the disadvantages
Q77: The nondisclosure agreement is a nonbinding document.
Q78: Earn-out is when the seller agrees to