Which of the following is true of the growth of a typical traditional small business?
A) It tends to quickly level off after the owners operate long enough to learn the basics of making money.
B) It levels off after operations settle into a consistent,money-making pattern generating income to provide a living for the owner.
C) It grows at rates between 5 to 15 percent a year.
D) It grows at rates of 25 percent or more a year.

Question

Quizplus · Accepted Answer

The growth of a typical traditional small business tends to level off after operations settle into a consistent, money-making pattern generating income to provide a living for the owner. They do not usually experience high growth rates (option C and D). Option A does not accurately represent the growth pattern of a typical small business.

Which of the Following Is True of the Growth of a Typical