When Setting Up a Small Business, the Best Approach to Follow

question 86

Multiple Choice

When setting up a small business, the best approach to follow is to assume that after the business has been set up and commences operating,

• A) the lawyer you chose to assist you in the start-up of the business will continue to represent you.
• B) the lawyer you chose to assist you in the start-up of the business will refer you to a different lawyer.
• C) a lawyer will no longer be required.
• D) you will not need legal advice, as long as you are a sophisticated client.
• E) the lawyer you chose to assist you in the start-up of the business will provide free legal services for the duration of the business's operation.

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Definitions:

Sales Approach

A strategy or method employed by salespeople to engage potential customers and encourage them to buy.

Retail Salesperson

An individual working in a retail environment, responsible for assisting customers, managing product displays, and processing purchases.

Relationship Selling

is a sales approach that emphasizes building long-term customer relationships based on trust and value, rather than focusing solely on transactions.

Sales Presentation

A formal pitch or demonstration of a product or service aimed at persuading potential customers to make a purchase.