QuestionJune 4, 2025

A plumber who owns their own business is likely to __ work hours and days set by someone else obtain loans from financial institutions without any issues keep very detailed financial records including an annual report have limited potential to grow into a large business

A plumber who owns their own business is likely to __ work hours and days set by someone else obtain loans from financial institutions without any issues keep very detailed financial records including an annual report have limited potential to grow into a large business
A plumber who owns their own business is likely to __
work hours and days set by someone else
obtain loans from financial institutions without any issues
keep very detailed financial records including an annual report
have limited potential to grow into a large business

Solution
4.1(220 votes)

Answer

Keep very detailed financial records including an annual report Explanation 1. Analyze Business Ownership A plumber owning their own business typically sets their own hours and days, rather than having them set by someone else. 2. Financial Records Management Business owners often need to keep detailed financial records, including an annual report, for tax purposes and business management. 3. Loan Acquisition Challenges Obtaining loans from financial institutions can be challenging without a strong credit history or collateral, contrary to the statement. 4. Growth Potential Assessment Owning a business provides opportunities for growth, not necessarily limiting potential to grow into a large business.

Explanation

1. Analyze Business Ownership<br /> A plumber owning their own business typically sets their own hours and days, rather than having them set by someone else.<br /><br />2. Financial Records Management<br /> Business owners often need to keep detailed financial records, including an annual report, for tax purposes and business management.<br /><br />3. Loan Acquisition Challenges<br /> Obtaining loans from financial institutions can be challenging without a strong credit history or collateral, contrary to the statement.<br /><br />4. Growth Potential Assessment<br /> Owning a business provides opportunities for growth, not necessarily limiting potential to grow into a large business.
Click to rate:

Similar Questions