Which of the following is a myth about small businesses?
A) That failed entrepreneurs can succeed if they try again
B) That a small business will never have enough financing
C) That students have skills to start small businesses
D) That small businesses can start during recession

Question

Quizplus · Accepted Answer

While it can be difficult for small businesses to secure financing, it is a myth to say they will never have enough financing. Small businesses can access funding through various sources such as loans, grants, and investors.

Answer: A, C, and D are not myths
 Failed entrepreneurs can learn from their mistakes and succeed if they try again. Students can have the skills and knowledge to start and run a small business. Small businesses can and have started during recessions, although it may be more difficult.

Which of the Following Is a Myth About Small Businesses