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Question
sole proprietorships, limited liability companies, partnerships, and s - corps are all types of:
business plans
business models
funding options
business structures
question 18
1 pts
which one of the following is not a reason why startups sometimes fail?
the entrepreneur did not do research to select a business model.
the entrepreneur miss - manages their money and runs out of cash.
the entrepreneur partners with the wrong company.
the entrepreneur does not market or sell their business well.
the entrepreneur forgoes his or her salary in order to reinvest in the business.
For the first question, sole proprietorships, LLCs, partnerships, and S - Corps are different ways to structure a business, so they are business structures. For the second question, forgoing salary to reinvest in the business is often a positive or at least neutral action for a startup, not a common failure - causing reason. The other options like not researching business models, mis - managing money, partnering with the wrong company, and poor marketing are well - known reasons for startup failures.
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- Business Structures
- The entrepreneur forgoes his or her salary in order to reinvest in the business.