Assignment:
1. Define small business.
2. Explain how profit works as a signal to the entrepreneur.
3. Do you agree that it will probably take about three months for your business to start earning a profit? Why or why not? If not, how long do you expect it to take, and why?
4. Describe three things you have learned about capitalism.
5. Visit the U.S. Small Business Administration for brochures and other material. Find an office in your area or go to https://ww.sba.gov.