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14). When ABC company combines their business with XYZ company, this is called a(n): A. AllianceB. Acquisition C. Partnership D. Merger Answer : D 15). If your business has four partners, all with limited liabilities you are organized as a: 16). What are some of the first things to consider when deciding to start a business?17). Hou want to maximize income and not pay taxes as an individual and a company. In addition , you want to limit your personal liability if you are sued. You would want your business entity to be a: 18). According to the SBA the first three steps to starting your business are: ________________, write a business plan, and fund your business A. Conduct market research B. Select your investors C. Decide on a name and logo D. Create a website Answer : A 19). What is step 8 of the SBA’s 10 Step Guide to Starting a Small Business?
20). The first section of the Business Plan is also the most important. It is titled as: