| A | B |
|---|
| Local governments strongly promote and support small businesses mainly due to which factor? | businesses are important to the economy. |
| Besides creating employment, small businesses have a positive the greatest effect on the local community because they: | pay taxes |
| Many small businesses are created during recessions to: | create a job for the owner |
| Barrier to financing & has a negative impact on domestic businesses | restrictive loan policies |
| Governments do this to encourage business development | deregulating & reducing taxes |
| Nature of the start up business determines: | type of training & education |
| What is currently being done and what needs to be done | the gap that generates ideas |
| significant trend that affects venture growth | higher demand for convenience goods |
| If you accept the possibility of undesirable outcomes: | you are a risk taker |
| Uncertain income/irregular paychecks | biggest concern or disadvantage of being an entrepreneur |
| Why homebound businesses have lower start up costs | no building/facility needed |
| Mentor | a smart person that guides you |
| Trade Association | Association that helps you with estimating business costs |
