write about the fundamental aspect to be considered while selecting business
Answers
Answer:
Nature of business activity: ...
Scale of operations: ...
Capital requirements: ...
Degree of control and management: ...
Degree of risk and liability: ...
Stability of business: ...
Flexibility of administration: ...
Division of profile
Answer:
1.Business is a profession which is run to run livelihood and to have profit. Businesses are of many sorts.
It is related with production of goods or commodities and knowing about the market demand and
selling the goods in the market . We must think and have knowledge about the market of the related
business to run in well. There are some fundamental aspects of selection of business. They are
:condition of market, about provision of raw materials, form or location of business, human resources,paying tax etc
Explanation: