Why might an owner decide to sell an existing business? Are there any reasons that might be

Question:

Why might an owner decide to sell an existing business? Are there any reasons that might be viewed negatively by a potential buyer?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Small Business Management Launching And Growing Entrepreneurial Ventures

ISBN: 9780357718803

20th Edition

Authors: Justin G. Longenecker, J. William Petty, Leslie E. Palich, Frank Hoy

See More Books

Question Posted: Jun 20, 2023 01:20 AM

See More Questions

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
You are appraising a three-year-old, single-tamily residence. The total square footage of the livable area is 2,500. The garage is 500 sq. ft. According to figures obtained from a cost-estimating...
Baker, CPA, was engaged to audit Mill Companys financial statements for the year ended December 31, 200X. After obtaining an understanding of Mills internal control, Baker decided to obtain audit...
Shillington Theatrical Supply is planning to expand its product line to include stage makeup. The expansion will require the company to purchase special mixing equipment at a cost of $111,510. The...
Hofstede also concluded that organisations within certain cultures had one of four dominant value systems, so that they would resemble a pyramid of people, a welloiled machine, a village market or a...
Kennedy Company produces a product that sells for $37 per unit and has a variable cost of $22 per unit. Kennedy incurs annual fixed costs of $75,000. Required a. Determine the sales volume in units...
Type of speech - increase the federal minimum wage Topic Minimum Wage General purpose to persuade - create , change, or reinforce attitudes, values, beliefs, and behaviors. Specific purpose my...
What are some of the nonquantitative factors that might affect the selling price of a business?
What are some reasons for buying a company as opposed to starting a new venture?
The following data were extracted from the income statement of Shriver Inc.: a. Determine for each year (1) The inventory turnover and (2) The number of days sales in inventory. Round to the nearest...
The ratio of CEO pay to that of an average employee increased over a period of 50 years from 24:1 to 275:1. Is this increasing gap ethically sound, in your opinion? Should CEO pay be limited in any...
Suppose you are considering buying a machine that costs $7,000. It will generate revenues of $1,500 for the next 3 years, and then $1,000 for the following 5 years. What is the payback period of this...
National Bakery Limited is the main supplier of a variety of baked products to customers in Kingston. The company currently makes 25,000,000 a variety of baked products annually which uses baking...
Q1. Discuss the financial goal of a business. Ensure to provide an example of the inherent ethical challenges associated with the financial goal and or the financial management process. Using the...
Q1. How can companies use social media to do sentiment analysis? Describe the process. Give an example of a company that uses sentiment analysis to enhance relationships with customers. Q2. Describe...
Use the matrices below as needed to complete Problems. 1. Find Î±12 in matrix A. 2. Find b23 in matrix B. 3. Which of the matrices, if any, are 3 Ã 4? 4. Which of the matrices, if...
1) Predict the organicproduct formed when BzCl reacts with cyclohexanol. BzCl = benzoylchloride. 2) Provide the majororganic product of the reaction below. 3) Draw the structureof the product formed...
1. Is work-life balance for everyone? 2. Is work-life balance simply a preference, or is it a necessity? 3. As an entrepreneur, would there be areas in your life that you would place at a higher...
1. How did Hennessys background prepare him for starting a business? What entrepreneurial qualities does he embody? 2. What were Hennessys entrepreneurial motivations for founding Dash-Locker? 3....
Why are the six steps in the ethical decision making process presented in this chapter? What is the practical value of this model to the processing of decision in a small business?
7. How much would be in your savings account in nine years after depositing $340 today if the bank pays 9 percent per year? (Do not round intermediate calculations. Round your answer to 2 decimal...
Critically evaluate the dividend valuation model and the earnings multiple models
The following amounts were reported on the December 31, 2022, balance sheet: Cash $ 8,000 Land 20,000 Accounts payable 15,000 Bonds payable 120,000 Merchandise inventory 30,000 Retained earnings...

Why might an owner decide to sell an existing business? Are there any reasons that might be

Question:

Step by Step Answer:

As discussed in the chapter the real reason for offering a business for sale may never be disclosed ...View the full answer

Small Business Management Launching And Growing Entrepreneurial Ventures

Students also viewed these Business questions