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Why might entrepreneurs have problems producing a business plan?
Wiki User
∙ 12y ago
For several reasons, including being unsure:
1. Of the purposes of the business plan, and/or
2. Of themselves on 'where to begin' and/or
3. Of the components of the bp, and/or
4. Of the audience for the bp, and/or
5. Of the creation of the financial pro formas, and/or
6. Any other number of reasons.
Wiki User
∙ 12y ago
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How might this influence entrepreneurial spending?
Entrepreneurs would have more incentive to invest in new business, as some of their expenses would be cheaper.
What problems or issues might a company face if it has a shortage of one or more factors of production?
There are some problems or issues a company might face if it has has a shortage of factors of production.they are as follows: 1. lack of business expansion 2. loss of clients 3.reduction in imput 4.reduction in output
Why do business objectives change over time?
A small business might aim to survive but when it is successful it might change its aims to increasing profits.
Why consumers might be interested in the size of a business?
The bigger the business the more stock it will have at anyone time, the cheaper the price will be, and dependability of the business.
Why is insurance a valuable aid to trade?
this is so because it protects a business from various losses that might lead to closure of the business.
What are the problems face by entrepreneur?
Entrepreneurs will face many problems in their career, some of which involve their product or service, while others is about managing the business, and others is about marketing their business. Some of the problems entrepreneurs will face are:Is your business needed in this area?How many other companies are in the same feild as yours?Can you compete?Could you do better elsewhere?
How might this influence entrepreneurial spending?
Entrepreneurs would have more incentive to invest in new business, as some of their expenses would be cheaper.
Why might a profitable business face liquidity problems?
No liquidity
What problems might a public limited company face as a catering business?
close down
What are the risks in business expansion?
Personal, business, and competitive risks may occur when one wants to expand their business. These are just a few problems one might run into when expanding their business.
What things might one create on the website Your Story?
There is Indian based website titled YourStory. YourStory is a news service based in Bangalore, India that focuses on business start-ups and entrepreneurs.
Is it true that all entrepreneurs are small business owners?
No! Entrepreneurs come in all sizes and shapes from Architect employees to Zebra herders (might as well have some humor). Entrepreneurs have a definition that is related to their wealth and success not how they got it. Though their are some rules to how they got it (you can't rob a bank) but other than that small rule you probably pass hundreds of them in your everyday life. (they aren't as exclusive as your TV says)
Why might entrepeneurs be particularly good at putting technology to innovative use?
Entrepreneurs are by definition innovators and risk takers. They are most likely to look at a new technology and think of ways that it can be used or applied to make a new business or relaunch or improve an existing business. Often someone who creates a technology does so to solve a specific need or problem. Entrepreneurs are likely to find new applications for the technology.
Why might new technology cut the costs of a business?
People are constantly finding more innovative and efficient solutions to problems.
What are the problems that may be encountered by future business management graduates with regards to employment?
the problems that might be encounter by future business management graduates would be problem of employment since there are surplus graduates who are not globally competent resulting to unemployment and underemployment
Where might one find information as to how to go about getting a small business start up loan?
The Small Business Administration has loan programs to help entrepreneurs start and grow businesses. Many cities have a local office for SBA, but information pertaining to SBA loans can also be found online on their website.
What problems could bad data quality cause to a business?
If a business acquired data of bad quality one way or another, it might cause misled information as well as misunderstandings in general. Therefore it's important for a company/business to always stay clear of any data that might be sketchy.
