Answer:
1. Wealth creation is one of the factors that motivate a person to become an entrepreneur.
2. The nature of business is a statement about a company's offering to its clients, its industry, legal structure, or any other distinctive qualities of the business
3. According to the U.S. Small Business Administration, most microbusinesses cost around $3,000 to start, while most home-based franchises cost $2,000 to $5,000. While every type of business has its own financing needs, experts have some tips to help you figure out how much cash you'll require.
4. 5yrs more
5. yes
6. Gross profit is the revenue left over after you deduct the costs of making a product or providing a service. ... For example, if a company had $10,000 in revenue and $4,000 in COGS, the gross profit would be $6,000. This figure is on your income statement.