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Which of these is NOT an advantage small businesses have over larger competitors?
They can purchase (and sell) common items at lower prices.
fewer than 500 employees
Description of the Competition
once a year
description of the business
short-term financing
improvement
venture capital
Money provided by large investors to finance new products and new businesses.
They can purchase (and sell) common items at lower prices.
fewer than 500 employees
Description of the Competition
once a year
description of the business
short-term financing
improvement
venture capital
Most business plans are updated
They can purchase (and sell) common items at lower prices.
fewer than 500 employees
Description of the Competition
once a year
description of the business
short-term financing
improvement
venture capital
The business idea, ownership structure, and the business' long-term goals are discussed in this section of the business plan.
They can purchase (and sell) common items at lower prices.
fewer than 500 employees
Description of the Competition
once a year
description of the business
short-term financing
improvement
venture capital
Money needed for current operating activities of a business.
They can purchase (and sell) common items at lower prices.
fewer than 500 employees
Description of the Competition
once a year
description of the business
short-term financing
improvement
venture capital
The part of a business plan that discusses industry characteristics and economic conditions.
They can purchase (and sell) common items at lower prices.
fewer than 500 employees
Description of the Competition
once a year
description of the business
short-term financing
improvement
venture capital
The official standard for what makes a business small is
They can purchase (and sell) common items at lower prices.
fewer than 500 employees
Description of the Competition
once a year
description of the business
short-term financing
improvement
venture capital
A designed change that increases the usefulness of a product.
They can purchase (and sell) common items at lower prices.
fewer than 500 employees
Description of the Competition
once a year
description of the business
short-term financing
improvement
venture capital
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