- Compare the advantages and disadvantages of buying an existing business.
- Propose ways of locating a suitable business for sale.
- Explain how to measure the condition of a business and determine why it might be offered for sale.
- Differentiate between tangible and intangible assets, and assess the value of each.
- Calculate the price to pay for a business.
- Discuss factors that are important when finalizing the purchase of a business.
- Describe what makes a family business different from other types of businesses.
