One of the most important tasks facing an entrepreneur is:
A)establishing a large enough reserve of capital.
B)earning enough the first year to provide an adequate return on investment.
C)the deferment of taxes.
D)determining the funds needed for a company start-up.

Question

Quizplus · Accepted Answer

Determining the funds needed for a company start-up is crucial for the success of the business. Knowing how much capital is required helps in creating a realistic business plan and securing necessary funding. This lays a strong foundation for the business and helps in avoiding financial difficulties in the future. While the other tasks listed are important, they come later in the process and are dependent on the accurate determination of required funds.

One of the Most Important Tasks Facing an Entrepreneur Is