Question

in business, the term
unway\ refers to the:
time it takes to become profitable
time remaining to operate a business before running out of money
time required to get contracts signed and secure insurance
time it takes to get the product or service to the customer
true or false. entrepreneurs must have a team including lawyers, accountants, and insurance agents in place before they can officially launch or start their business.
true
false

Explanation:

In business, "runway" is the time a company can operate before running out of funds. Also, while lawyers, accountants, and insurance agents can be beneficial, entrepreneurs don't necessarily need them in - place before launching a business.

Answer:

1. B. Time remaining to operate a business before running out of money
2. False