1. What is a founders’ agreement? Describe the purpose of a buyback clause and why it’s important.
2. Discuss three main reasons people decide to become entrepreneurs and four main characteristics of successful entrepreneurs.
3. Explain what a feasibility analysis is, its purpose, and the two primary issues to consider when completing this analysis.
4. Explain what an industry/market feasibility analysis is, its purpose, and the two primary issues to consider when completing this analysis.
