Verlin wants to avoid a common mistake often made by new entrepreneurs.What advice would you give him?
A)Spend as little as possible.
B)Carry no inventory.
C)Make sure he has adequate financing.
D)Do without anything that is not absolutely essential.

Question

Quizplus · Accepted Answer

Adequate financing is important for any new entrepreneur. It helps ensure that there is enough money to cover initial start-up costs, ongoing expenses, and unexpected events that may arise. Without adequate financing, a new business may struggle to survive, so it is important to secure financing before launching a new venture.

Verlin Wants to Avoid a Common Mistake Often Made by New