Asked by tay

Elijah has an idea for a new business.

Which step provides the greatest risk for Elijah as he works to start his business?

Elijah reads websites and blogs that share advice from small business leaders.
Elijah approaches several banks with his business plan to acquire a start-up loan.
Elijah explores programs that provide funding backed by the federal government.
Elijah joins professional organizations that support small business owners around the country.

All Answers 1

Answered by GPT-5 mini AI
Elijah approaches several banks with his business plan to acquire a start-up loan.

Reason: taking on a bank loan (often with personal guarantees or collateral) creates significant financial risk if the business fails, whereas reading advice, exploring funding programs, or joining organizations are low-risk activities.