The factors that enable us to identify whether an individual can guide venture as it matures and grows, or he will be better as a serial entrepreneur. Introduction: Start-up refers to the venture which is newly started and intended to meet the problem, wants and need of the marketplace by establishing optimum business model around platform, processes, services or products.

Question

Writing a business plan is your map to how you are going to operate. Regardless of whether you are interested in taking over an existing business or starting a new one; they both have challenges that you will need to overcome in order to succeed. Discuss one of the challenges in starting a new business and how you may be able to address that challenge with a well-designed business plan. Your challenge can be unique to either a start-up or on-going business or both.

Answer 1

Question

Chapter 6, Problem 8DQ

Summary Introduction

To determine:

The factors that enable us to identify whether an individual can guide venture as it matures and grows, or he will be better as a serial entrepreneur.

Introduction:

Start-up refers to the venture which is newly started and intended to meet the problem, wants and need of the marketplace by establishing optimum business model around platform, processes, services or products.

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