Final answer:
Michelle needed $100 to start her business for reasons such as covering startup costs and allocating funds for marketing and promotion.
Step-by-step explanation:
There are several reasons why Michelle might have needed $100 to start her business:
- Startup Costs: Starting a business often requires some initial financial investment to cover expenses such as purchasing equipment or inventory, renting a space, or registering a business name. Michelle may have needed $100 to cover some of these startup costs.
- Marketing and Promotion: Another reason Michelle might have needed $100 is to allocate funds for marketing and promotion. This could include creating a website, printing business cards or flyers, or running social media ads to attract customers and promote her business.