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Question
which of the following best describes a start-up?
a fledgling business that often generates limited revenue or operates at a loss
a business that generates far more revenue then it has in expenses
an established business that enters a unique market
A start - up is a newly established business. In its early stages, it typically has not yet achieved significant revenue generation and may even operate at a loss as it is still developing its business model, market presence, etc. A business generating far more revenue than expenses is a profitable, likely more established business, not a start - up. An established business entering a unique market is an established entity expanding, not a start - up.
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a fledgling business that often generates limited revenue or operates at a loss