Advantages and Disadvantages of Business Ownership and Starting a Business
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Read these sections for more detail about starting a business and some of the advantages and disadvantages in store for small business owners.
Starting a Business
Ownership Options
As we've already seen, you can become a small business owner in one of three ways - by starting a new business, buying an existing one, or obtaining a franchise. Let's look more closely at the advantages and disadvantages of each option.