Question
usace 33% 3:53 PM Read Only - You can't save change. .. 60) In the seclion cf a business plan, you would explain how investors will be able to cash out or sell their inwestment, sch as through a pubic stock ering, sale c the company, or buyback of the iveslors' interest A) company overview B) exit strategy C) operations plan Di dasign and development plans E) start-up schedule 61) Reasons why ne businesses ail could include allothe fellowing EXCEPT: B) managenial expertise C) ineffective marketing D) lack of strategic planning E) lack of relevant experience 62) are centers that provide a small business with a wide array supprt resources and sevices durinits early growlh phase. A) Seed centers B) Angel investors C) Business incubators D) Venture capitalisis 63) One of the most common mistakes that new business owners make is A) not training employees effectvely B) underestimating the initial amount of stat-up capital needed C) overestimating the iniial amount of start-up capital needed D) overestimating expenses E underestimatinoverallales revenue 64) All of the llowing would be an option or linancing a small business EXCEPT A) family oans B) venture capitalists C) angel investors D) micrclenders E franchises 65 An organization that lends smaller amounts of maney to business owners who do not qualify for conventinal ank loans are called A) seed money B) venture capitalists C) business incubalors Di franchisrs El micrclenders 66) Investors who are willing to finance new businesses in exchange for a portion of ownership are called A) venture capitalists B) seed money monopolists C) prcliteers D) vulture capitalists El shareholder capitalists are private individuals who are willing to inwest their own money into start-ups with the goal of eventually selling their interest for a profit. A) Venture capitalists B) Business incubators C) IPO's D) Angel investors 6B When a corporalion ollers its stock to the public for sale for the lirst time, the initial shares of stock e the company's A) venture capital B) seed money C) microloan capital Di incubator funds E initial public lering (IPO 69) A(n) ves the buyer the right to use a specific business's name and sel its producis or services within a gen terrtory
Explanation / Answer
NOTE: Chegg guidelines requires us to answer the first 4 questions only.
60) B) exit strategy
Exit strategy section of a business plan discusses the ways by which investors can cash ou or sell their investment. Exit strategy, as the name implies, shows the way the investors can exit their holdings.
61) B) Managerial Expertise
Managerial expertise cannot be a reason why new businesses fail. Whereas, it is a important factor that helps in success of the business.
62) C) Business Incubators
Business incubators are centers that provide a small business help to survive and grow during it's early phrases.
63) One of the most common mistakes that new business owners make is not training employess effectively.
Many business owners make this mistake of not training their employees effectively, considering it to be a waste of money. but in reality, training the employees benefit the business in long run.