Fatima enjoys making delicious cakes and date halwas. Occasionally she sells these food items and earns some money. What type of business Fatima is doing? Large business Small business Lifestyle business Hobby business

Q: What is the primary motivation for starting a business as a n entrepreneur

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A: Business  Business can be defined as an institution that runs on a regular basis, that has been…

Q: 3. Discuss the different types of Business and explain their advantages to each other.

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Q: explain how the size of a business may affect a choice of career in the field of business

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A:

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Venture Development Process

To create a startup company around a licensed university technology is referred to as venture development. A venture development firm can assist entrepreneurs in identifying and developing a prospective commercialization strategy, be an incubator, test target market assumptions, recruit university and non-university innovative resources and talented team members, and obtain early-stage finance. Commercialization grants, internal and external small business owners, governmental and local finance systems, and private funds are all possible sources of funding. This activity, when combined with strong intellectual property resources, accelerates early commercialization efforts and better prepares university-affiliated business owners for other types of funding.