If you are planning to start a new business, how long should you realistically expect it to take for your business to earn a profit?

A) six to twelve months
B) one to two years
C) three to five years
D) five to ten years
E) more than ten years

C
Explanation: C) Most small businesses do not start out as profitable ventures. Traditionally, it takes three to five years for new businesses to become profitable.

Business

You might also like to view...

___________: Deliberate; many informal social contracts

Fill in the blank(s) with the appropriate word(s).

Business

A debit always means a decrease, and a credit always means an increase

Indicate whether the statement is true or false

Business