Question

Select all the correct answers.

What are the critical questions that entrepreneurs need to ask themselves while starting a business?
A. Which location would be the most advantageous for my business?
B. What business structure would best suit my business?
C. Which recruitment agency should I use for hiring workers?
D. How many paid leaves can I give my employees in a year?
E. What is the total cost of ownership of my capital purchases?

Answer 1

All of the given questions are part of the critical questions that entrepreneurs need to ask themselves. Being an entrepreneur needs a lot of thinking and planning and these questions should be taken into account. Running a business would include the location fit for the type of business you have, the structure of your business, how you recruit workers and the incentives you give them, and most importantly, your capital.