Which of the following is true for start-ups?

Question

Quizplus · Accepted Answer

A start-up is a newly established business that has no initial name recognition or established customer base. Start-ups are known for providing new and unique products or services that are not already available in the market. Earn-out refers to a financial arrangement where the seller of a business receives additional payments in the future based on the business's performance after the sale. Purchases of existing businesses are not the main characteristic of start-ups.

Which of the Following Is True for Start-Ups