There is a young entrepreneur who is looking for a loan to buy her aunt and
uncle's dry-cleani...
Business, 01.10.2019 06:20 kyracrapse121
There is a young entrepreneur who is looking for a loan to buy her aunt and
uncle's dry-cleaning business. the potential entrepreneur is only twenty-seven
but has worked hard and saved 20 percent of the cost of the business. the
business has been quite successful and established for the past 17 years.
because the owners want to retire, they need to sell the business in its entirety
at market value. there are two other family members that work at the business;
however, one is also thinking of retiring soon, and the other has some past
credit issues and cannot finance the business. therefore, neither of these
employees is in a position to consider taking over the business. based on the
information provided, what advice would you give this entrepreneur about
buying a family-run business? give three recommendation 98-s for an
Answers: 1
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