Multiple Choice
Matteo just left the Army after 20 years of service. During his service, he managed to save a little money and is now entitled to a government pension. His wants to go back to his home state of Arizona and start manufacturing small, solar-powered panels for residential use. Although he knows he needs a storefront and an industrial site, he is not 100 percent convinced about where to locate. However, he does know for certain that one of his top priorities is to limit his tax liability associated with this new business. What would you suggest for Matteo?
A) He should make certain he is deeply passionate about the product he is developing, before he explores the need.
B) He should keep it small, especially in the beginning.
C) He should take out a lot of insurance in case he finds out that he has not paid enough taxes.
D) He should check out the enterprise zones in Arizona.
Correct Answer:

Verified
Correct Answer:
Verified
Q91: Rachel hopes to start her own business
Q92: A major advantage of preparing a formal
Q93: Venture capitalists provide funds for start-up businesses
Q94: According to the Spotlight on Small Business
Q95: Entrepreneurs avoid risk and place a high
Q97: Enterprise zones and investor visas are examples
Q98: An entrepreneurial team is a group of
Q99: One way to control the legal costs
Q100: As a high net worth individual, Aria
Q101: Management includes attention toward financing the business,