Question

Name any five factore to be consider before setting up of on enterprise?

Answer 1

• creative idea
• some capital
• good team

Answer 2

The five factors to consider before starting an enterprises include

 Location

 Capital

 Market of the product

 Competition

 Business idea

Explanation:

 Almost every person want and dreams about starting their own business however only 4% of the new business manages to reach 10 years mark. For a business to  be successful one need to consider the factors.

 Any new business need a person to work hard ,be patient ,have enough knowledge of the business until it reaches in a level  where there is breakthrough and profit is made.

To learn more......

What are the essential factors to be considered for starting a business?

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What factors should be considered before starting a new business?

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