Janis wants to open a restaurant.She is not interested in a franchise;she wants to build her business literally from the ground up.When she does,her business will be classified as a:
A)entrepreneurial opportunity.
B)startup.
C)new market idea.
D)serendipity.

Question

Quizplus · Accepted Answer

A startup is a new business venture which is built from scratch without any existing infrastructure or support. Janis's plan to build her own restaurant business from the ground up without using a franchise makes it a startup.

Janis Wants to Open a Restaurant