The first business decision entrepreneurs typically make is what kind of business type to set up. This decision involves choosing the structure of the business, such as whether it will be a sole proprietorship, partnership, LLC, or corporation, which lays the groundwork for many subsequent decisions.
What is the first business decision entrepreneurs typically make?
(1 point)
Responses
what kind of staff to hire
what kind of staff to hire
what kind of fixed expenses to trim
what kind of fixed expenses to trim
what kind of business type to set up
what kind of business type to set up
what kind of customer is their target market
1 answer