George Goes to a Large College in Alberta

question 55

Multiple Choice

George goes to a large college in Alberta. He notices that there is always a long line at the hotdog stand and that there are limited healthy options at his school. He has an idea that if he could set up a stand that sold healthy sandwiches and salads he could make a lot of money. He has student loans from the government to help pay for tuition and is not a business major. What is the biggest obstacle that he will face in opening up his stand?

• A) lack of business knowledge
• B) limited ability to raise capital
• C) difficulty in hiring workers
• D) developing a business plan