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It is much easier to improve an existing product than to come up with a brand new one.
true
money from an investor who thinks the business will be successful.
false
business plan
Small Business Administration
innovation
start-up financing
true
A _____________ is a written description of the business idea and how it will be carried out.
true
money from an investor who thinks the business will be successful.
false
business plan
Small Business Administration
innovation
start-up financing
true
Small businesses are much more apt to failing than large businesses. (In other words, more small businesses fail than large ones.)
true
money from an investor who thinks the business will be successful.
false
business plan
Small Business Administration
innovation
start-up financing
true
SBA stands for ______________.
true
money from an investor who thinks the business will be successful.
false
business plan
Small Business Administration
innovation
start-up financing
true
Venture capital is _______________.
true
money from an investor who thinks the business will be successful.
false
business plan
Small Business Administration
innovation
start-up financing
true
The amount of money needed to open up a business is ___________.
true
money from an investor who thinks the business will be successful.
false
business plan
Small Business Administration
innovation
start-up financing
true
All business owners are entrepreneurs.
true
money from an investor who thinks the business will be successful.
false
business plan
Small Business Administration
innovation
start-up financing
true
A(n) ____________ is a creation that is brand new.
true
money from an investor who thinks the business will be successful.
false
business plan
Small Business Administration
innovation
start-up financing
true
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