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Which business opportunity involves higher start-up costs?

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Which business opportunity involves higher start-up costs?

Which business opportunity involves higher start-up costs?

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QuintinaMaster · Tutor for 5 years

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### Technology startups generally involve higher start-up costs due to the need for substantial investment in development, infrastructure, and technological resources.

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## Step 1: Define the term "start-up costs"<br />### Start-up costs encompass all initial expenses required to launch a business, including equipment, permits, marketing, and initial inventory.<br />## Step 2: Compare typical examples of business opportunities<br />### Compare industries such as technology startups, restaurants, and retail. Consider factors like equipment, location, and operational needs.<br />## Step 3: Analyze industry requirements<br />### Technology startups often need significant investment in development and infrastructure, while restaurants require investment in location and equipment. Retail businesses need initial stock and a physical presence.
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