1. List five entrepreneur-owned businesses in your community. In which industry does each business compete? Based on the industry, how do you rate each business’s long-term chances for success? Explain your answers.
2. Using the information about managing a small business presented in this chapter, analyze whether you would like to work in a small business—either as an employee or as a founder. Given your personality, background, and experience, does working in or starting a new business appeal to you? What are the reasons for your opinion?
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