In negotiating a deal to purchase an existing business, it is possible to request that the
seller retain a minority interest in the firm.
Every business person feels comfortable operating in an entrepreneurial environment.
Entrepreneurs are doers not thinkers.
Inexperience and incompetent management are the main reasons for failure.
Most entrepreneurs are inventors.
What are some of the errors made in the preparation of a business plan that minimize an
entrepreneur’s chance for success?