Question

if a business owner adds investors to the business, they first need to: update the filing with the managing government entity who regulates businesses locally. consult an attorney to draft proper contracts and calculate the risk investors can introduce. figure out how much they can eventually make when they sell the business which will be profitable, for sure! form a board of directors and relinquish all control of the daily management. question 49 1 pts true/false: taxes is something all us - based businesses have to worry about and file annually. true false question 50 1 pts in business, the time remaining to operate a business before running out of money is referred to as: crunch time runway red zone countdown

Explanation:

• For the first question, adding investors involves legal - aspects, so consulting an attorney is a crucial first - step.
• For the second question, US - based businesses are required to file taxes annually.
• For the third question, in business, the time remaining to operate before running out of money is called runway.

Answer:

• First question: B. Consult an attorney to draft proper contracts and calculate the risk investors can introduce.
• Second question: A. True
• Third question: B. Runway