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25. Small business) small business entrepreneurs who are fearful of staring their own business,might buy an...

25. Small business)

small business entrepreneurs who are fearful of staring their own business,might buy an existing business because:

A- They want to maximize their financing opportunities

B- They are not interested in all start-up decisions

C- Revenue and profits are being generated and goodwill already exists

D- They want to be better than the competition as soon as they get into business

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Answer #1

25. Small business entrepreneurs who are fearful of staring their own business, might buy an existing business because that business is already setup and is operational, has been generating revenue and profits and may have a loyal customer base and strong goodwill in the market. There will be no fear of setup failure of market failure in such companies.

Answer: Option

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