Succeeding in the World of Work

Section 2: Ways of Becoming a Business Owner

Answers to Section Review

1. Start a new business, buy an existing business, purchase a franchise, or enter the family business.
2. Advantages: save on start-up costs, build on a business's success; disadvantages: won't get the satisfaction of starting from scratch, location may be poor.
3. A bad reputation may be difficult to overcome.