Starting and Operating a New Business
Objective 3-3 Describe distinctive competence, the business plan, and the start-up decisions made by small businesses and identify sources of financial aid available to such enterprises.
First the Internet and more recently social media have dramatically changed the rules for starting and operating a small business. Setting up is easier and faster than ever, there are more potential opportunities than at any other time, and the ability to gather and assess information is at an all-time high. Today, for example, many one-person retailers do most of their business—both buying and selling—on Internet auction sites, such as eBay.
Even so, would-be entrepreneurs must make the right start-up decisions. For ...
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