Question

Which of the following is an advantage of being an entrepreneur in the consumer service industry?

Answer 1

The only initial investment is the hard goods. business basics can be learned along the way as well but the first one is most beneficial.

Answer 2

The only initial investment required is the purchase of hard goods. This is an advantage of being an entrepreneur in the consumer service industry. When you service other people (consumers) you are making an initial large investment of what you need to start however the materials overtime, are less and less of an expense because most of the work for customer service is facilitating their needs.