Assessing Business Start-ups

Question 0

Weaknesses of a start-up

Answer 0

• what the objectives are
• which product/service to provide, can it be produced and supplied profitably
• risks involved

Question 1

Objectives of business start-ups

Answer 1

• gain freedom at work
• money
• employment

Question 2

Why start-ups fail

Answer 2

• poor cash-flow management
• lack of planning
• actions of competitors
• lack of research