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10.5: Discussion Questions

  • Page ID
    62816
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    1. Discuss how a small business can be bootstrapped at its inception. What kind of costs can the entrepreneur avoid or lower with tenacity and sweat equity?
    2. If you were to start a small business, what would it be and what kind of resources would you need to get started?
    3. Which do you think are more difficult to protect: tangible or intangible resources and why?
    4. Discuss how political factors can impact a business.
    5. What are some examples of sociocultural factors that may affect a business?

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