Business Management Test

Front

In addition to being yours and written down, strong goals must have what three qualities?

Back

Specific, measurable, and have a time limit

Front

Writing down your goals will do what for you?

Back

Hold you accountable, Help you remember them, Keep them in front of you

Front

A ___________ is a written document that outlines your goals and how you plan to reach those goals.

Back

Business plan

Front

When hiring staff, what is a good trial period to make sure they are the right person for the job?

Back

90-day

Front

Why is it important to have a time limit on your goals?

Back

It gives you a definite date to work toward

Front

What type of business insurance protects you from damage to your equipment?

Back

Property insurance

Front

Starting small in your business means you may NOT be able to: Build a loyal customer base, Establish your business name, Hire more people right away, Develop a good reputation

Back

Hire more people right away

Front

What is the best advice to keep in mind as you grow your business?

Back

Grow at the speed of cash

Front

Which of the following questions is NOT something to be concerned about when hiring an employee?
Is this a part-time or full-time position?
How will you handle overtime, holidays, sick time, and vacations?
How often will you pay an employee?
How often will you provide a free lunch?

Back

How often will you provide a free lunch?

Front

What does it mean to figure out what your platform will be?

Back

Identify where your business will live online