If profit-seeking entrepreneurs are going to be successful. How will they succeed?

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12-12-2019
Business

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If profit-seeking entrepreneurs are going to be successful. How will they succeed?

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ekeneizuka ekeneizuka · Answer 1 · 2019-12-12T12:37:51+01:00

Answer: The entrepreneur needs a very good business idea and a good business plan to achieve it.

Explanation: For an entrepreneur to succeed in business, he needs to have a very good idea that would sell easily in the market.

After the entrepreneur has decided on the business to venture into, he needs to draw out a plan on how he intends to achieve the business idea, this plan would involve steps for capital generation, location of business, target customers etc.