Question: a. There is a point in time when your start-up business would require extra financial strength to grow further. Provide FOUR (4) justifications that prompt
a. There is a point in time when your start-up business would require extra financial strength to grow further. Provide FOUR (4) justifications that prompt the start-up entrepreneurs to rethink the needs of getting additional funding.
b. There are many reasons that make entrepreneurship attractive to an individual. Explain TWO (2) of the perceived features of entrepreneurship that pulls someone into an idea of becoming an entrepreneur.
c. Based on the Business Growth Chart above, we could assume that any businesses would go through the following stages of growth, provided that these businesses could sustain the market challenges successfully. Identify and discuss FOUR (4) rationales that influence start-up entrepreneurs to begin to seriously think about scaling-up their businesses to a higher growth level.
Sales Introduction Early growth Continuous growth Maturity Decline TimeStep by Step Solution
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