A few days ago
Anonymous

What does a business need to operate?

Can somebody please answer this question? Its a homework assignment.

Top 9 Answers
A few days ago
endurolad

Favorite Answer

Capital, Customer Base, Product or Service, and Location Location Location.
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A few days ago
DrIG
The short answer that you will learn in economics is that a business needs land, labor and capital.

Land is the place that the business operated from even if it is your own home.

Labor means the workers. The owner may be one or all of the workers needed.

Capital is frequently misinterpreted to mean only money. While money is capital, capital is anything that you use in producing or selling goods or services. Capital my be a pizza oven or a car that is used for transportation such as for deliveries.

I hope that this answer helps you.

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A few days ago
lvillejj
Capital (Cash), a product or a service, and a place to conduct the business.
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A few days ago
merrybodner
Money and a business plan.
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A few days ago
at work
A business plan, a license, startup funds…
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A few days ago
Anonymous
capital

necessary products

repeat customers

honest employees

long range plans

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A few days ago
eyesontheprize
money, human labor, the necessary supplies, buyers, and advertisement.
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A few days ago
DR. Connect
I’m wondering the same thing
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A few days ago
i pack a 44
cash………
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