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QUESTION
Competition can be fierce for small business and it is important that a small business owner to maintain a competitive advantage over rivals.
Competition can be fierce for small business and it is important that a small business owner to maintain a competitive advantage over rivals.
Additionally, proper funding is important as most firms require some sort of financing to fund operations and the owner has several options to choose from.
- Choose a company and share how that company creates and maintains a competitive advantage in a particular market and discuss why a competitive advantage is important for any business.
- Identify at least three financing options for funding a new business and discuss the advantages and disadvantages of each.
