My biggest surprise was the length and in-depth look into a business before acquiring it. The amount of questions and items that one needs to get answered for the “Feasibility Study” is staggering.
I was confused by a number of items it takes to evaluate a business. After reading this chapter it all makes a lot of sense to look into all the different aspects of a business so as to not get hit by an undiscovered item that could potentially become a huge financial burden or cause one to lose the business altogether.
I would ask for more information on the feasibility study. How to get into the different questions and find the details. Like knowing what questions to ask. I would also like to know if there is any other questions that need to be addressed before taking over a business.
I liked the entire chapter. I found it to be very informative and would like to continue looking into the subject of evaluating a business.
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