Podcast
Questions and Answers
What is the primary purpose of working capital in a business?
What is the primary purpose of working capital in a business?
What type of capital is needed to expand a business once it is established and profitable?
What type of capital is needed to expand a business once it is established and profitable?
What is the point at which a business's income equals its expenses?
What is the point at which a business's income equals its expenses?
What is the term for the amount of money a startup needs to launch and operate until it reaches its break-even point?
What is the term for the amount of money a startup needs to launch and operate until it reaches its break-even point?
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What is the source of fixed capital in a business?
What is the source of fixed capital in a business?
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What is the difference between internal and external capital sources?
What is the difference between internal and external capital sources?
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What enables entrepreneurs to effectively respond to unexpected challenges or opportunities?
What enables entrepreneurs to effectively respond to unexpected challenges or opportunities?
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Why is it common for entrepreneurs to start on a shoestring budget?
Why is it common for entrepreneurs to start on a shoestring budget?
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What is a key benefit of being adaptable and flexible in business?
What is a key benefit of being adaptable and flexible in business?
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What is the first crucial factor in the success of a business enterprise?
What is the first crucial factor in the success of a business enterprise?
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What is a primary concern for entrepreneurs when starting a business?
What is a primary concern for entrepreneurs when starting a business?
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What should you determine before acquiring machines and equipment for your business?
What should you determine before acquiring machines and equipment for your business?
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What is one way entrepreneurs can raise capital for their business?
What is one way entrepreneurs can raise capital for their business?
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What is a key aspect of customer relationship management (CRM)?
What is a key aspect of customer relationship management (CRM)?
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What is the primary focus of early business planning?
What is the primary focus of early business planning?
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What is the term for understanding the unique benefit a product offers to customers?
What is the term for understanding the unique benefit a product offers to customers?
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What is the primary purpose of market research?
What is the primary purpose of market research?
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What is the term for the process of determining the type of machines and equipment needed for a business?
What is the term for the process of determining the type of machines and equipment needed for a business?
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