1.3.4 Sources of Business Finance Flashcards
1
Q
How can a market be segmented?
A
Age
Gender
Income
Lifestyle
Location
2
Q
Factors a business needs to consider when deciding here to locate the business?
A
Proximity to market, materials, competitors, labour
3
Q
Rewards for an entrepreneur from starting a business?
A
independence
Profit and wealth
Business success
4
Q
Risks to an entrepreneur of starting a business?
A
Business failure resulting in a loss of personal assets
5
Q
A
6
Q
A
