ENTREPRENEURSHIP

Front

A BUSINESS PLAN IS

Back

A SERIES OF ORGANIZED STEPS

Front

Which two steps are mandatory in the process of starting up a business?

Back

Legal structure and business plan

Front

YOU MAY OBTAIN FINANCIAL RESOURCES FROM

Back

PERSONAL SAVINGS OR A BANK LOAN/CREDIT

Front

Two of the possible problems for start-ups may be:

• Lack of water and electricity
• Location and poor information from customers
• Too much success at the beginning
• Excessive financial resources to manage

Back

Location and poor information from customers

Front

Why do most businesses face legal problems? Options: THEY DO NOT FOLLOW PROCEDURES AND RULES, THEY DO NOT KNOW WHAT STEPS TO TAKE, THEY SKIP SOME OF THE STEPS

Back

THEY DO NOT FOLLOW PROCEDURES AND RULES, THEY DO NOT KNOW WHAT STEPS TO TAKE, THEY SKIP SOME OF THE STEPS

Front

Do all businesses face the whole list of problems at the same time?

Back

No

Front

One way to obtain information about customers is: BY APPLYING TESTS AND QUIZZES, BY RUNNING A MARKET RESEARCH, BY PUSHING THEM TO GIVE AWAY INFORMATION, BY JUST WAITING FOR THEM TO COME TO THE BUSINESS

Back

BY RUNNING A MARKET RESEARCH