Why do so many entrepreneurs run into trouble when they buy an existing business? Outline the steps
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (6 reviews)
Buying a business can be an uncertain and treacherou...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Entrepreneurship and Effective Small Business Management
ISBN: 978-0133506327
11th edition
Authors: Norman M. Scarborough, Jeffrey R. Cornwall
Question Posted:
Students also viewed these Business Law questions
-
Outline the steps involved in the right way to buy a business.
-
Outline the steps involved in developing a cash budget.
-
Outline the steps involved in obtaining a liquor license.
-
Air temperature usually decreases with increasing altitude. However, during the winter, thanks to a phenomenon called thermal inversion, the temperature of air warmed by the sun in mountains above a...
-
A heliumneon laser (A = 632.8 nm) is used to calibrate a diffraction grating. If the first-order maximum occurs at 20.5, what is the spacing between adjacent grooves in the grating?
-
A debt of $32 000 is repaid by payments of $2950 made at the end of every six months. Interest is 8.28% compounded quarterly. (a) What is the number of payments needed to retire the debt? (b) What is...
-
Alfredo Lomando is considering the purchase of an industrial glass cutting machine for use in his business. He has determined that a used glass cutter is available for \($25,800\). The cutter has an...
-
Daniel Hardware Co. is considering alternative financing arrangements for equipment used in its warehouses. Besides purchasing the equipment outright, Daniel is also considering a lease. Accounting...
-
Axe Co.'s management is reviewing financial results for the month of January 2017. The results include, total variable costs of $4,000, total sales of $6,000 and total fixed costs of $4,000 the...
-
Decorum, Inc., manufactures high-end ceiling fans. Their sales are seasonal with higher demand in the warmer summer months. Typically, sales average 400 units per month. However, in the hot summer...
-
How would you go about determining the value of the assets of a business if you were unfamiliar with them? (LO 3: Explain the four steps in the search stage for buying the right business)
-
When evaluating an existing business that is for sale, what areas should an entrepreneur consider? Briefly summarize the key elements of each area. (LO 3: Explain the four steps in the search stage...
-
For each pair of the following compounds, identify which compound would be expected to react more rapidly with a nucleophile: (a) (b) H.
-
2. National Defense (40 points). There are 11 countries in Europe who get utility from general consumption c, and from European national defense G. The utility of a generic country i is u(ci, G) =...
-
2. Consider two households, one with an income twice as large as the other. Both households pay the equivalent of 5% of their income to consume free (public) education to the quantity PS (where PS...
-
The graph above is the U.S. market for some imported good. Supply is a flat curve. The U.S. can import the Chinese good for $40 and the Mexican good for $48. Assume the U.S. imposes $10 tariffs on...
-
In free space, let D = 8xyz^ax +4xzay +16xyza- pC/m. (a) Find the total electric flux passing through the rectangular surface z = 2, 0 < x < 2,1 < y < 3, in the a direction. (b) Find E at P(2, -1,...
-
2). Using the following data: Debt o Market value - $7,000,000 o Current yield to maturity - 8% Equity o Market value - $35,000,000 Tax rate - 35% Expected return on market - 10% Current 10 year...
-
A school counselor wants to compare the effectiveness of an online SAT preparation program with an in-person SAT preparation class. For an experiment, the counselor recruits 30 students who have...
-
Respond to the ethical judgments required based on the following scenarios. Scenario 1. Assume you have collected a sample using MUS and that you have evaluated that sample to calculate a total...
-
Explain the advantages an entrepreneur gains by pursuing a niche market.
-
What are the advantages and disadvantages of offering equity in exchange for work done on a new product?
-
One venture capitalist says that entrepreneurship cant be taught in a regular classroom any more than surfing can. His view is that students should get their feet wet in the real world of...
-
Analyze the balance sheet for PQR Corp. as of December 31, 2023, to evaluate its operational efficiency and profitability. PQR Corp. Balance Sheet As of December 31, 2023 Assets Current Assets Cash...
-
Multiple Select Question Select all that apply A property dividend (Select all that apply.) Multiple select question. reduces retained earnings. is a noncash distribution to owners. is the issuance...
-
In your initial postings, please review and address the following points: Describe the information value chain. Based on a real-world company (past, current, or future employer), explain how the...
Study smarter with the SolutionInn App