Describe two advantages and two disadvantages of self-employment, and then briefly discuss the value of diversity in the Individual owned business venture "you" selected as an entrepreneur.

Q: What talents or skills do you need to run the business?

A: Business -  It is the activity which is related with the manufacturing and production of products or…

Q: What are some major factors that motivate entrepreneurs to start businesses?

A: An entrepreneur is a person who does another business, bearing the majority of the dangers and…

Q: What kinds of factors encourage certain people to start new businesses?

A: Starting a business is not regarded as an easy task. It requires lots of resources, ideas, and hard…