ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

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

Which source of start-up information would be recommended to an entrepreneur looking for information about the average start-up and operation costs for a self-serve laundromat?

A	Service Corps of Retired Executives
B	Coin Laundry Trade Association
C	Local chamder of commerce
D	Small business administraion

Explanation:

Detailed explanation-1: -Company reports and published accounts .

Detailed explanation-2: -The resources you need to start a business can be broken into five broad categories: financial, human, educational, emotional and physical resources.

Detailed explanation-3: -Business information comes in general surveys, data, articles, books, references, search-engines, and internal records that a business can use to guide its planning, operations, and the evaluation of its activities. Such information also comes from friends, customers, associates, and vendors.

Detailed explanation-4: -The first place to look for money is your own savings or equity. Personal resources can include profit-sharing or early retirement funds, real estate equity loans, or cash value insurance policies.

There is 1 question to complete.