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