Can an existing business be sold for no profit?
Hey guys i need these questions answered quick
can an existing business be sold for non profit?
Is someone who purchases and runs a franchise considered an entrepreneur ?
- Richard AndersonLv 68 years agoFavorite Answer
The value of a business is the potential for future profit. If a business is losing money and someone sees an opportunity to turn it around they may offer an owner less then he has invested based of the fact that the business is losing money. Anyone who is self employed for whatever reason is an entrepreneur.