According to a study by the National Federation of Independent Business (NFIB), the most common source of new ideas for small business startups is
A) prior work experience.
B) hobbies and personal interests.
C) a chance happening.
D) existing records of a business.

Question

Quizplus · Accepted Answer

The study by the NFIB found that prior work experience was the most common source of new ideas for small business startups. This suggests that entrepreneurs often identify opportunities for new businesses based on industry knowledge and insights gained from previous jobs or positions.

According to a Study by the National Federation of Independent