Which of these assumptions can an entrepreneur safely make when planning a start-up? Check all that apply.Setting up a business in a large city will guarantee its success.Customers exist for every product.It is important to have a thorough knowledge of the product.Thorough planning and sound strategy do not guarantee a business’s success.Raising funds is necessary but may involve personal risk.
Answer
A
Setting up a business in a large city will guarantee its success.
B
Customers exist for every product.
C
It is important to have a thorough knowledge of the product.
D
Thorough planning and sound strategy do not guarantee a business’s success.
E
Raising funds is necessary but may involve personal risk.