It is important for an entrepreneur to have <u>area of specialization</u> when approaching an angel investor or venture capitalist
Just as the venture capitalist has to be careful in selecting his investment, the entrepreneur should also take several factors into account while selecting a venture capitalist. The entrepreneur should take care in selecting the right venture capitalist to approach based on the venture capitalist's area of specialization.
The entrepreneur while approaching venture capitalist should have a detailed and well organized business plan as is the only way to gain a venture capitalists attention and obtain funding. They do not invest on a two page summary.
Hence, it is important for an entrepreneur to have area of specialization.
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Answer:
Sole proprietorship
Explanation:
The characteristics of Sole Proprietorship includes unlimited liability and the owner of the business runs the business. In this case, the owner Holly is legal owner of the business and is involved in the marketing and production of the business. As the business is not registered as a company, the liability is unlimited which meets the criteria of sole proprietorship.
Answer:
pre-bonus income is $33600
Explanation:
given data
bonus = 20% of net income
income before the bonus = $57600
to find out
pre-bonus income
solution
we know pre income bonus is express as
pre-bonus income = bonous + share of income ............1
so bonus = 20/120 × 57600 = $9600
and share of net income = 1/2 × ( 57600 - 9600)
share of net income = $24000
so from equation 1
pre-bonus income = bonous + share of income
pre-bonus income =9600+ 24000
pre-bonus income is $33600
Answer:
D. Computer manufacturers have aggressively started hiring more staff
Explanation:
