ruchiamin9068 ruchiamin9068

19-12-2022
Business

Answered

An entrepreneur who wishes to acquire an existing business to operate themselves should do which of the following while searching for a business to purchase
Make the search their full-time job
Find investors to help the entrepreneur fund their search, if needed
Look for a business with many loyal customers who would find it difficult to switch to another company once the entrepreneur takes over the business
All of the above

Answer :

Nitin210 Nitin210

21-12-2022

The selection d is the right response.

An entrepreneur is what?

"A person who launches a business and is ready to accept the risk of financial loss in order to generate money." This is how the word "entrepreneur" is defined by Merriam-Webster.

An entrepreneur must conduct specific study before selecting whether to buy or acquire a specific business in order to make that decision.

First, he needs to research the business's full-time job and its business cycle. Next, he needs to identify who will be it's an investor to fund his investment. Next, he needs to analyze the types of customers the existing business is catering to i.e. whether they are loyal or not and what will be the switching cost when the entrepreneur overtakes the existing business".

To know more about Entrpreneur, visit:

https://brainly.com/question/13897585

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