A friend in the small town I live in is offering me & a few others to ‘take over operations’ for his small?

business. It is a shop that sells “Silver, Gold, Beads, Jewelry, Textiles & Folk Art from”. He has asked I incorporate a travel agency (I am educated to be an agent, simply have not gone into business since graduating). He wants to travel & use me as a home base for when he is gone. What type of questions/answers do I need to find to determine if this is a good investment of my time? I understand that’s a pretty broad question, but he sprung this on me & I’m feeling suddenly overwhelmed with the thought of taking over. He wants me to run the business with a 2 or 3 others, who will assist me with things such as internet sales & the food bar that he has recently installed. I have managerial experience….education in business operations….travel….I am simply stunned & can’t focus on where to start organizing myself. Any tips??????