The ability to build a business beyond a sole proprietor business to one that can grow with the right resources and people while building equity for you and your investors is known as ____.
A) leveraging
B) strategic differentiation
C) scalability
D) break-even analysis

Question

Quizplus · Accepted Answer

Scalability refers to the ability of a business to grow beyond a small operation to something bigger with the help of resources and people while building equity for investors. Leveraging involves using borrowed funds to make a business more profitable, while strategic differentiation refers to setting a business apart from its competition. Break-even analysis is a financial calculation used to determine the point at which a business generates enough revenue to cover its expenses.

The Ability to Build a Business Beyond a Sole Proprietor