Question

A review of small business successes and failures indicates that the Multiple Choice businesses that are easiest to start offer the greatest potential for long-term growth and profits. restaurant industry offers the least risk for entrepreneurs. businesses with the potential for high profit levels tend to be difficult to start and hard to keep going. reason the service sector is rapidly growing is that these firms are easy to start and keep going, and offer high levels of security and growth potential.

Answer 1

Answer: businesses with the potential for high profit levels tend to be difficult to start and hard to keep going

Explanation:

A review of small business successes and failures indicates that the businesses with the potential for high profit levels tend to be difficult to start and hard to keep going.

The main reason for the above is that for firms that offer growth, these kind of forms are very challenging when one wants to begin them.

Even when one eventually starts them, they can be tough to keep going but it's worth it as they have huge potential for high profits.