What are the possible reasons for buying an existing company as opposed to starting a new business from scratch?
Answer to relevant QuestionsWhat are some of the non-quantitative factors in valuing a business?1. Why do you think Phil is thinking about business ownership after the success he has achieved working in other companies. Why do you think he wants to buy instead of starting a business? 2. What questions do you think Phil ...You have been offered a job with a family-owned company. You are not related to anyone in that business. What factors should you consider in deciding whether or not to accept the offer?What do entrepreneurs usually mean when they talk about a business plan?1. Why is your research thus far inadequate for what you need to know?2. Do you think it will be difficult to find all the information you need?3. What else might you do to find the information you need?
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