An entrepreneur may start a number of different types of businesses, including salary-replacement firms, lifestyle firms, and entrepreneurial firms or ventures.

Question

Quizplus · Accepted Answer

An entrepreneur can start various types of businesses, including salary-replacement firms (which aim to replace their salary with income from the business), lifestyle firms (which prioritize work-life balance and personal interests) and entrepreneurial firms or ventures (which aim to introduce innovative ideas or disrupt existing markets).

An Entrepreneur May Start a Number of Different Types of Businesses