The types if questions that need to be examined before starting an entrepreneurial venture involves the sections of a feasibility analysis. The entire idea of the business must be examined in to separate parts to see if it is possible. The major questions center on the financials because many view the financial parts of a business the most important. The marketing, industry, operations, legal, and management are other areas to discuss. Many businesses fail because they did not forecast their operations accurately resulting in a shortage in cash flow. Business ventures must examine all their parts in a feasibility analysis and business plan before continuing.
- Sarah
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