Entrepreneurship and Small Business Management

Section 2: Starting Versus Buying a Business

Section 3.2 Summary
Use personal values and goals to guide your entrepreneurial pursuits because they help you identify your priorities. Family businesses have great potential for success when family members work well together. When buying an existing business, carefully evaluate the opportunity. People find businesses by looking at ads, networking, or hiring business brokers. Starting your own business requires extensive planning and allows you to build your company with fresh ideas and enthusiasm.

Section 3.2 Reading Organizer
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