Part-Time Entrepreneurship for Small Business Entry
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Questions and Answers

What is the defining factor between part-time self-employment and full-time self-employment?

  • The level of risk involved
  • The type of business being pursued
  • Working for 35 or more hours a week
  • Working for 35 or fewer hours a week (correct)

    • Why is part-time entrepreneurship considered important according to Dr. Rania Sokrat?

  • It offers more opportunities for networking
  • It provides extensive resources for growth
  • It guarantees stability in income
  • It allows entrepreneurs to test their ideas, services, or products (correct)

    • What percentage of small businesses in the United States were part-time businesses in 2007?

  • Around half (correct)
  • More than three-quarters
  • Less than a quarter
  • Exactly one-third

    • When is part-time entrepreneurship considered a great way to gain experience according to Figure 5.1?

    <p>Before giving up your day job</p> Signup and view all the answers

    Why might it be appropriate to start a part-time business rather than a full-scale company?

    <p>Due to lack of capital resources required for a full-scale company</p> Signup and view all the answers

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