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Discuss what might constitute exigent circumstances. Give specific examples.
Market Opportunity
The identification of a specific market need that can be met by a new product or service, offering potential for business growth.
Sole Proprietor
A business owned and run by one individual where there's no legal distinction between the owner and the business entity.
Scalability
The capability of a system, business model, or product to handle a growing amount of work or to be enlarged to accommodate that growth.
Equity
The value of an ownership interest in property or businesses, after deducting debts and liabilities.
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