starting up a new venture or buying an ongoing venture

starting up a new venture or buying an ongoing venture

What would be your choice if posed with the decision between starting up a new venture or buying an ongoing venture if you have an opportunity to be an entrepreneur? What are the considerations that would help you make the decision?

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Identify a product or service and assess the business opportunity for a new venture in that market. Is there a good opportunity for a new venture? Why?  How would you create value for the product or service if you were the entrepreneur of the new venture?

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When starting up a business venture, there are other factors that I need to consider. To start with, it is better to buy an already present business than to start on a new one. This is because; an already running business has got its own market………………………………………

APA

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