__________usually need more cash because the business dynamics will initially lose money

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04-08-2022
Business

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__________usually need more cash because the business dynamics will initially lose money

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Tutorconsortium365 Tutorconsortium365 · Answer 1 · 2022-08-09T12:41:11+02:00

Small and Medium Enterprise (SME) Entrepreneur usually need more cash because the buisness dynamics will initially lose money.

IDEs and SMEs

Startup businesses vary greatly from one another. Both innovation-driven enterprises (IDEs) and conventional small- and medium-sized businesses (SMEs) are capable of producing worthwhile goods and services and adding to the labor force. However, IDEs, which are startups aimed at addressing global markets through technological, process, or business model innovation, have the potential to add hundreds or even thousands of high-skill jobs if they are successful, whereas SMEs concentrate on local or regional markets and produce employment that are "non-tradable."

To know more on the SME topic, refer to:

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