Question
You have decided it's time to become your own boss. But you won't want to start from scratch. So you're going to buy an already
You have decided it's time to become your own boss. But you won't want to start from scratch. So you're going to buy an already running company. Buying a company doesn't have to be a hostile transaction (like Elon Musk buying Twitter last year). Many business owners are looking to sell. But it's usually bad for businesses to stick a sign in their window saying "Business for Sale". So business brokers exist to act as a confidential intermediary. Just as when you're buying a house, there are questions you'd want to ask. The broker (again, like buying a house) will have many questions for you to help them zero in on the few available businesses that would be worth your time to look at. For this assignment, what questions would you want to ask (and why) and what ones would you expect to be asked (and why)?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started