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Why might entrepreneur prefer to lunch an entirely new venture rather than buy an existing firm?
Wiki User
∙ 13y ago
If he buys an existing firm, notwithstanding it's possible potential, he is also buying it's inherent problems. If he founds a new firm, he at least does not inherit any potential problems.
Wiki User
∙ 13y ago
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Why should and entrepreneur prefer to launch a new venture rather than buy an existing firm?
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