Question

Juanita wants to run her own bowling alley, but she does not want to start it from scratch. She decides to buy an existing business. What is one advantage of doing this?

Group of answer choices
O It gives her the freedom to develop exactly the business she wants.
O It eliminates all the guesswork inherent in starting a new business.
O It provides a built-in network of customers, suppliers, and distributors.
O It eliminates all the costs Juanita would normally have in starting a business.
O It allows her to know all the problems the business already has.

Answer 1

Buying an existing business gives Juanita a built-in network of customers, suppliers, and distributors, ensuring immediate revenue and established relationships.

Step-by-step explanation:

One advantage of Juanita buying an existing business to run her own bowling alley is that it provides a built-in network of customers, suppliers, and distributors.

This established base can be beneficial as it may lower marketing costs and provide immediate revenue streams. Additionally, an existing business often comes with existing relationships and a recognized brand, which can be leveraged to maintain and potentially expand the business.

One advantage of buying an existing business instead of starting from scratch is that it provides a built-in network of customers, suppliers, and distributors.

When Juanita buys an existing bowling alley, she will already have a customer base and established relationships with suppliers and distributors. This can save her time and effort in marketing and building connections.