According to infographics from Clarity.fm, which of the following is cited as the number one startup
struggle for entrepreneurs?
A. Credit terms
B. Lost sales
C. Delinquent customers
D. Unstable business conditions
_ % of your company's
Another appropriate term to describe a business plan is:
A. A feasibility plan
B. A game plan
C. A financial plan
D. A progress plan
The business planning process focuses on the:
The _ lays o
The higher your number of most desirable responses on the Entrepreneurial Quiz:
A. The less your responses agree with those of successful entrepreneurs.
B. The more your responses agree with those of successful entrepreneurs.
C. The less l
The first comprehensive plan you need in contemplating any new venture is called:
A. A profit-loss statement
B. A financial projection report
C. A feasibility study
D. A business plan
A typical feasibility study includes all of the foll
The _ of the loan is the total amount of money you have been loaned.
D. Capital cost
The "price" you have to pay to borrow money is referred to as:
A. Capital cost
B. The interest rate
C. The con
One-time expenditures include all of the following, except:
A. Capital expenditures
C. Soft costs
D. Employees' wages
Which of the following is not considered a soft cost?
A. Utility deposits
B. Pre-opening advertising
The first thing you need to start a business is:
A. An idea
B. Financial support
C. A product or service
D. A business plan
Which of the following approaches assumes that events such as demographic change, sociopolitical
trends, or grow
Under this business form, the owner has complete control over the conduct and management of the
A. Limited partnership
B. General partnership
C. Sole proprietorship
All of the following are advantages of the sol
_ is the art of communicating with your customers and prospects without selling.
A. Operational marketing
B. Instructional marketing
C. Content marketing
D. Traditional marketing
The essence of content marketing is:
A. To deliver specif
Which of the following is an advantage to buying an existing business?
A. The physical facilities (the building and equipment) and product line may be old and obsolete.
B. As a buyer, you inherit any ill will that may exist toward the est