Explain the advantages and disadvantages associated with purchasing the business you selected rather than starting a new business in the same industry.

Question description

Select one of the following businesses to research on the web:

  • Mel’s Country Cafe, Tomball, Texas
  • Hope Blooms Flowers and Things, Eagle, Idaho
  • Gentlemen’s Top Option, Burlington, Vermont

Write a 1,050- to 1,400-word paper in which you analyze the business as if you were considering its purchase. Explain your reasoning for each of these sections:

  • Evaluate the business model of the selected business.
  • Assess the necessity for training to be provided to you by the seller.
  • Identify all of the issues you should investigate in the process of performing a feasibility analysis and due diligence.
  • Identify the areas in purchasing the business that you would try to negotiate with the seller.
  • Explain the advantages and disadvantages associated with purchasing the business you selected rather than starting a new business in the same industry.

Format your report consistent with APA guidelines.

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