When gathering information about an existing business in order to evaluate its potential,all but which of the following questions should be asked?
A) What is the profit record?
B) Are there liens against any equipment?
C) Can the lease be renewed?
D) Did the previous owner pay bills on time?

Question

Quizplus · Accepted Answer

The question about whether the previous owner paid bills on time is not directly relevant to evaluating the potential of the business itself, as it pertains more to the owner's personal financial habits rather than the business's operational or financial health.

When Gathering Information About an Existing Business in Order to Evaluate