According to a BDC Study There Will Be Many Opportunities

question 83

Multiple Choice

According to a BDC study there will be many opportunities to buy existing businesses since ________ percent of small business owners are over 50.

• A)60
• B)80
• C)25
• D)35
• E)90

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Definitions:

Sales Margin

The difference between the selling price of a product and its cost of sales, usually represented as a percentage of sales.

Changing Technology

The rapid evolution and adoption of new techniques, tools, and software which can disrupt industries and alter business operations.

Scrap

Material waste or remnants resulting from manufacturing processes, which may have a recoverable value or can sometimes be reused or recycled.

Inventory

The raw materials, work-in-progress products, and finished goods considered to be the portion of a business’s assets that are ready or will be ready for sale.