Explore BrainMass
Share

Biggest concern in starting a successful new business

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

1. Entrepreneurship has a fairly high failure rate. What psychological, emotional, and financial concerns might a new entrepreneur have concerning the possibility of failure? What is your biggest concern in starting a successful new business? Consider, for example, about opportunities, money, experience, education, or resources. Why?

© BrainMass Inc. brainmass.com October 17, 2018, 3:01 am ad1c9bdddf
https://brainmass.com/business/entrepreneurial-issues/biggest-concern-in-starting-a-successful-new-business-405482

Solution Preview

Articles written about business failure state that most new businesses are small and begin in the home. Because those businesses do not publicly report their results, it is difficult to find reliable information about business failures. I have read articles claiming that as high as 85% of new businesses fail in the first year.

A common claim is that a new business doesn't plan to fail, but rather they fail to plan. In my experience, there is a great deal of truth in that statement. There are some very basic ...

Solution Summary

In a 351 word solution, the issues in starting a new business are clearly explained using four basic concepts for success.

$2.19
Similar Posting

Best Practices Manual for New Supervisors

Compile the following sections of a best practices manual for new supervisors. Your overall contributions to the manual should be 2,100-2,800 words in length and cite a minimum of three sources.

Your manager has asked you and other veteran supervisors to create a best practices manual for new supervisors. Your assignment is to contribute two best practices for each assigned section of the manual. The sections to which you will contribute best practices cover the following supervisory responsibilities:

1. Demonstrating Communication Skills
2. Determining Effective Orientation and Training Methods
3. Improving Productivity for Teams
4. Conducting Performance Appraisals
5. Resolving Conflict
6. Improving Employee Relations

View Full Posting Details