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

Question

Quizplus · Accepted Answer

Adequate financing is crucial for the success of a new business. Without enough financial support, the business may not be able to get off the ground or sustain itself in the long run. While it's important to minimize costs and avoid unnecessary expenses, cutting corners on financing can ultimately harm the business. Therefore, it's important for Veronica to secure adequate financing for her venture.

Veronica Wants to Avoid a Common Mistake Often Made by New