Question

Ron and Nick chose to start their own businesses. Ron wanted to start an ice cream shop, and Nick wanted to launch a television manufacturing company. Ron and Nick had equal amounts of funds on hand and no government regulations restricting them. Months later, however, Ron has already set up his business, while Nick is still struggling to raise additional funds to build a factory. What was the main factor that affected Nick’s business?
an irrelevant business idea

low demand for TVs in his country

high start-up costs

lack of labor

Answer 1

High start-up cost. Trust me I took this test and it was right

Answer 2

The answer is C: hight start-up costs.  To start this kind of business, it's very important to have a  financial planning, very well detailed in order to avoid negative results. It should be considered all the costs, such as for equipments, fees, renting or buying a place, employees etc. and these costs can be very high, which many times are not considered when one dreams of starting their business.