Final answer:
Starting a business involves challenges in raising capital, making exit decisions, and selecting market entry strategies.
Explanation:
Early Stage Financial Capital: When a business is in the start-up phase, it often lacks customers and profitability, presenting challenges in raising financial capital.
Exit Strategies: Businesses may need to exit the market when profits do not justify costs, leading to job destruction and closure of operations.
Market Entry: Companies can explore options like exporting, licensing, forming alliances, or making acquisitions to enter new markets, each with its own advantages and considerations.
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