Questions from General Entrepreneurship

Q: Why is it important for potential entrepreneurs to have a personality that

Why is it important for potential entrepreneurs to have a personality that compliments their interest in a potential new business opportunity? Why should entrepreneurs enjoy their work?

Q: Why is break-even analysis so important to a new business

Why is break-even analysis so important to a new business?

Q: What elements make up a break-even analysis?

What elements make up a break-even analysis?

Q: How is an income statement used by a new business?

How is an income statement used by a new business?

Q: How can using loans help the new business grow?

How can using loans help the new business grow?

Q: How might an entrepreneur find out how much a business is worth

How might an entrepreneur find out how much a business is worth?

Q: What is due diligence? Why is it important?

What is due diligence? Why is it important?

Q: What factors impact how much equity a new business gives away for

What factors impact how much equity a new business gives away for a set dollar investment?

Q: How does a new businessperson use a P&L statement?

How does a new businessperson use a P&L statement?

Q: Why do resources or capabilities have to meet all four requirements of

Why do resources or capabilities have to meet all four requirements of the resource-based analysis to provide the company with a competitive advantage?