Multiple Choice
Pepe is positive he knows a lot about marketing. But he is not as confident in his skills within the legal or financial aspects of starting a new business. He wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting Pepe's Pizzazzeria up and running. Pepe should
A) delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year.
B) trust his basic instincts and try to put it together without the advice of lawyers and accountants.
C) consult with a lawyer and accountant even though the budget is tight.
D) immediately hire full-time lawyers and accountants for his staff.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: Successful entrepreneurial teams<br>A) quickly organize themselves like
Q23: Offering to manage an established business for
Q24: A business is considered small by comparing
Q25: Individuals wanting to learn about small business
Q26: Micropreneurs is a term used to describe
Q28: Small Business Administration microloans are based on
Q29: Which of the following employment statistics about
Q30: Grant received an e-mail stating that HE
Q31: Corporate downsizing reduces the opportunities for home-based
Q32: Advancements in computer technology put home-based businesses