1.

Write any two questions an entrepreneur often thinks while starting and running a business.

Answer»

Any two of the following: 

1. Idea: What should my business idea be? How do I know that this idea will work? 

2. Money: How much money should be raised to start a business? 

3. Acquiring material: From where to get the material and at what cost? 

4. Manufacturing: How to manufacture (if it is a product business)? 

5. Pricing: At what price should I sell the product so that I make enough profits? How do I know what price the customer is willing to pay? 

6. Marketing and advertising: How would I tell my customers about business which will attract them to come to me? 

7. Selling: How would the customer buy from me? Will the customer come to me or will I go to the customer? 

8. Accounting: How do I keep a track of the money I am spending and making? How do I know how much profit I am making? 

9. Standing out: How can I be better than what is already available in the market? How do I add value to my customer? 

10. Growing business: How can I grow my business?



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