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Economics - Financial Markets 14 Online
OpenStudy (anonymous):

In one to two paragraphs, write an essay describing what needs to happen to make a start-up business successful. Use specific examples. Your essay should demonstrate mastery of content, understanding of material, and excellent presentation of your ideas. I need help understanding what a start-up business is and what the government and other factors do to help it be successful. Thank you!!

OpenStudy (anonymous):

@dmndlife24

OpenStudy (dmndlife24):

In my personal opinion, in order for a start-up business to be successful, there has to be some sort of proprietary product or service that has a good market. Secondly, you need to have working capital in the business that takes care of its day-to-day operations. In addition, one of the most important things to have is good credit. The reason I say this is because if you ever needed a loan in the near future, you would be able to get one from the bank all because you have great credit. Lastly, you should have land resources available to you and also the raw materials needed for the production process.

OpenStudy (anonymous):

Thank you so so so much!!

OpenStudy (dmndlife24):

Your very welcome

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