Daily Practice
GCSE Business
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18th August 2022
- 1Reasons Why New Businesses Fail
Identify the term for a business having too little start-up finance to survive its early months.
- 2Risk and Reward in Business Enterprise
Give one method an entrepreneur can use to reduce, not remove, the risk of a new venture.
- 3Why businesses need finance
Why might a profitable business still need extra finance?
- 4Cash-Flow Problems: Causes, Consequences and Solutions
Why can a profitable business still become insolvent?
- 5Cash Versus Profit and the Importance of Working Capital
Explain, in one sentence, how a profitable business could still run out of cash.
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