Why do so many entrepreneurs run into trouble when they buy an existing business?
Answer to relevant QuestionsOutline the steps involved in the right way to buy a business. Why might an independent entrepreneur be dissatisfied with a franchising arrangement? Robyn Vescovi, a former financial executive who recently became a Tasti D-Lite franchisee, offers the following advice to first-time franchisees: Do your work:• Research the brand (long- and short-term business model)• ...What is a competitive advantage? Describe how a small business owner could use an emphasis on speed for a competitive advantage.
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