“Basic Business
Research and Planning” Please respond to the following:Describe three (3) critical areas of research an
entrepreneur should examine prior to investing in their new venture. Next,
explain how this research will assist the entrepreneur in developing their
business plan. Be sure to include information from your textbook to justify
your position.Discuss three (3) sources of business funding an
entrepreneur could utilize to finance the startup costs of a new business. For
each source of funding present two (2) or three (3) benefits and two (2) or
three (3) risks. Next, elaborate on which option you would prefer for your
business model and why.