Question

What is one of the advantages of buying an existing business?

A. The previous owner will help fund the business.
B. Its track record lets you know what to expect.
C. You can get it at a bargain price.
D. You don't need to do any more advertising.

Answer 1

My answer choice would be "B" " The business will have a financial history, which gives you an idea of what to expect and can make it easier to secure loans and attract investors"

Answer 2

The correct anwser is B. Its track record lets you know what to expect.