Sheng is a young entrepreneur who hopes to attract funding for his new home security camera business. Before creating his business plan, Sheng considers the products feasibility from a number of perspectives, including the potential competition in the marketplace and his products potential for making a profit. What else should Sheng consider in his feasibility analysis?

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Sheng is a young entrepreneur who hopes to attract funding for his new home security camera business. Before creating his business plan, Sheng considers the product’s feasibility from a number of perspectives, including the potential competition in the marketplace and his product’s potential for making a profit. What else should Sheng consider in his feasibility analysis?

A	what’s going on in the security camera market
B	which type of legal business entity he should create
C	how he plans to effectively communicate with partners
D	why having enthusiasm for his idea is the most important thing

Explanation:

There is 1 question to complete.

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT