A small business owner must possess all of the following EXCEPT
A)necessary skills to run the business.
B)an in-depth understanding of the market.
C)passion for starting a business.
D)a sequential formula.

Question

Quizplus · Accepted Answer

A sequential formula is not necessary for a small business owner to possess. While it may be helpful to have a plan and process in place, it is not a requirement for success in managing a small business. However, having necessary skills, understanding the market, and having passion are all essential components for a small business owner.

A Small Business Owner Must Possess All of the Following