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Hiring a diverse workforce makes it more difficult to achieve creativity in the
workplace.
The sole proprietorship is the form of ownership with the least ability to accumulate
capital.
An option for acquiring equity capital is for the entrepreneur to take on partner(s)
however, it is important that she/he consider the impact of giving up some personal
control over operations and sharing profits with others.
Family-owned and managed businesses account for 78 percent of all new jobs.
Bartering is an opportunity to transform slow-moving inventory into much-needed
products and services.
Making money on the Web is easy.
The weakest of the five forces in most industries is the rivalry that exists among the
businesses competing in a particular market.
It is considered unethical for small business owners to regulate payments to their
company's advantage.
The bigger the franchise, the more successful the franchisees will be.
Establishing prices that will generate the necessary profits means that business owners
must understand how much it costs to make, market, and deliver their products and
services.
