Why Do Certain Industries Tend to Be More Attractive for the Start-Up

question 152

Short Answer

Why do certain industries tend to be more attractive for the start-up of a small business?

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Definitions:

Cheques

Written orders directing a bank to pay a specified sum of money from the writer's account to the person or entity named on the cheque.

Bills Of Exchange

Documents that signify a written order directing one party to pay a determined sum to another by a specific date.

Promissory Notes

Written promises to pay a specified sum of money to a designated person at a fixed or determinable future time.

Defect Of Title

A legal issue with the deed of a property that makes its ownership status unclear, such as a lien or encumbrance.