Successful ventures balance entrepreneurial characteristics with managerial style.
Answer to relevant QuestionsDefine the one-person-band syndrome.Identify five unique managerial concerns of growing businesses.Explain why the following are important factors to consider in valuing a business: start-up costs, accuracy of projections, degree of control.An entrepreneur can make a number of choices regarding a successor. Using Table as a guide, discuss each of the choices.1. Is the business model sustainable (can it pay its expenses and eventually make a profit)?2. Is business scalable (and what are the aspects that will govern the pace of growth and ultimate scale of the enterprise)? 3. Will ...
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