Short and Shearer Are Two Friends Who Want to Begin

question 95

Short Answer

Short and Shearer are two friends who want to begin an entrepreneurship as business partners. They need to decide whether to start up a new business or to buy an existing business. To do this, Short and Shearer need to weigh the pros and cons of each in order to see what the best strategy for them would be.
Which of the following, if true, would strengthen the case for Short and Shearer buying an existing business?
Short and Shearer have a lot of ideas as to the kind of business they would like to own.
An existing business would have an existing customer base that Short and Shearer would inherit.
An existing business for sale might have difficulties that Short and Shearer would inherit.
Short and Shearer greatly value independence.
Existing small businesses are usually carrying debts.

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Definitions:

Heterogamy

The practice of marrying someone from a different social, cultural, or ethnic background.

Interfaith Relationships

Romantic or marriage relationships between individuals of different religious backgrounds.

Professional

Relating to a person's career or occupation, particularly one that requires special education, training, or skill.

Online Dating

The practice of using websites or mobile applications to find romantic or sexual partners by connecting and communicating through the internet.