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Fill in the blank.

A _______ is a good place to find business ideas.

It’s wise to talk to owners of businesses _______ to yours, even in noncompeting locations.

Many people, for a variety of reasons, are looking for a way to make a living from their _______.

Based on your reading, respond to the following.

List two of the three guidelines for choosing your business.

List two alternatives for owning your own business, other than starting a business from scratch.

Answer :

A market is a good place to find business ideas.

It’s wise to talk to owners of businesses similar to yours, even in noncompeting locations.

Many people, for a variety of reasons, are looking for a way to make a living from their business.

What is business?

A business involves an individual investment in others to generate profits by selling goods and providing services.

Thus, an individual can invest in another business rather than starting form the scratch or can be a partner or stakeholder in a business.

Learn more on business here,

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Answer:

1. bookstore

2. similar

3. homes

4. Any two of these: do what you love; identify your niche; look at the bottom line.

5. Buying a franchise and buying an existing business

Explanation:

Penn Fosta

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