An existing business can be for sale because _____.

Quesiton : An existing business can be for sale because _____.

Answer: all of the above

An existing business can be for sale because _____. An existing business can be for sale because _____. a. the owners are retiring b. the owners are entering a new business c. the business is losing money d. all of the ... An existing business can be for sale because _____. a. the owners are retiring b. the owners are entering a new business c. the business is losing money d. all of the above The disadvantages of buying an existing business include: An existing business may be for sale because it is deteriorating; the previous owner may have created ill will; employees inherited with the business may not be suitable; Buying an existing business a. usually involves fewer start-up costs than buying a franchise. b. provides more security than starting a new business or investing in a franchise. c. requires analyzing the location competition and market outlook. d. is a high risk because successful businesses are not sold. • The business may be a bargain Disadvantages: • An existing business may be for sale because it is deteriorating • The previous owner may have created ill will • Employees inherited with the business may not be suitable • Its location may have become unsuitable • Equipment and facilities may be obsolete • Change and innovation are hard to … Businesses are often up for sale because of problems the owner may try to hide. Go online and ask around in the community to learn as much as you can about the reputation the company has among customers vendors and prospects. • Cash Flow:Logically in buying an existing business you’ll be inheriting an existing cash flow and therefore can skip the normal ramp-up time most new businesses require. • Funding: It’s often easier to get approved for a loan because of the business’ proven track record to turn a profit. On the other hand a business that does not generate profits may do well with a going-out-of- business sale . This type of sale can generate instant cash flow and quick turnover. Too many business owners that have not turned a profit or have cash flow problems miss this wonderful opportunity. Find a business to buy. Search over 45 000 businesses for sale . Selling a business ? Post an ad yourself or find a business broker to assist you. can be a monumental decision for the business owner. Selling when the company is competitive and on an ‘up-tick’ will lead to a higher sales price while selling under the