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3 cards from this section. Quick, good the night before a test.
Name the four categories of business size.
Think of sizes relative to operation scale.
What is working capital?
Consider what a business needs on a day-to-day basis.
What are the four categories of business size?
Remember the size classification you learned.
Finance is only important for large businesses.
Think about small shops or enterprises.
If a micro enterprise wishes to expand into a small enterprise, what financial strategies should it consider?
Reflect on the need for different sources as businesses grow.
Discuss how economic downturns affect the financing decisions of large and small enterprises differently.
Consider their financial flexibility and risk exposure.
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