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Question One ( 400-450 words) A business enterprise has a life cycle and faces financial challenges. Explain in general the business life cycle and explain

Question One ( 400-450 words)

A business enterprise has a life cycle and faces financial challenges.

Explain in general the business life cycle and explain the main financial challenges a business may face at each stage, and how you as an entrepreneur can overcome these challenges, use as an example a business you familiar with for illustration.

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