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A. its track record lets you know what to expect

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14y ago
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2d ago

One advantage of buying an existing business is that it may already have an established customer base, operational processes, and revenue stream in place, which could potentially lead to quicker profitability compared to starting a business from scratch.

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Q: What is one of the advantages of buying an existing business?
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Related questions

What is one of the advantages of buying an exsiting business?

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its liabilities, government policies, political enviornment.


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To buy an existing business you must first find a business that is available to buy. Once you have found one you must look at the company's financial statement to see if it is worth buying. You must then negotiate a price and find the financing to purchase. It would be best to seek the advice of an accountant and a lawyer before purchasing any business.


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