INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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When a business has been running successfully for several years, what would be a probable next financial step?
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Purchasing a second location
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Acquiring start-up funds
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Deciding on financial goals
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Determining product prices
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Explanation:
Detailed explanation-1: -Which of the following are good ways to learn how to run your own business? Run a small business during your off hours, work for a successful entrepreneur, and talk to other business owners.
Detailed explanation-2: -To avoid a bumpy transition, it is important to not ask the seller to remain as a consultant. A typical letter of intent addresses terms such as price and terms of payment.
There is 1 question to complete.