4.3 Test your Knowledge (Question):
Answer with a tick mark or write in words which is true, and which one is false.
Answer the question available in the ?Test your Knowledge? section.
Post your answer in the discussion board using the discussion link below
When the location of the business is critical to its success, it may be wise to purchase a business in another location.
It is important to develop a list of criteria that a potential business acquisition must meet.
- An important advantage of buying an existing business is the greater likelihood that it will continue to survive and thrive in the marketplace.
- A new owner of an existing business can generally introduce change and innovation almost as easily as if the company was a new business start-up.