Starting your own business

Step 1: which is not a basic step to creating your own business:

• have an idea

• create a business plan

• market your product

• Use a business plan without researching

Step 1: What should you begin with when creating a business?

• begin with what you know

• start with what someone tells you

• find failed businesses online to use

• ask your friends for ideas

Step 1: After gathering your ideas you should

• use your math skills to create a chart or graph

• highlight the strengths and weaknesses of each idea

• test your idea with people you trust

• all of the answers stated

Step 2: A business plan should include one of these

• understanding the market

• pictures of your friends

• a picture of the front of your office building

Step 2: the business concept is

• a written statement explaining your business

• pictures and graphs about how much money your business has made

• where you got your inspiration to start your business

Step 2: The company description explains what you will be doing it should _____________________________

• highlight the company's goals and objectives

• highlight the companies expenses

• highlight the companies products

Step 2: Prove you have a good idea by using your math skills to create a simple business plan. Take the time to think through ideas and research the facts.

• True

• False

Step 3: You should create a _________ for your personal expenses

• list

• website

• budget

Step 3: An investor is

• someone who will check if you have a good business idea or not

• someone who is willing to give you money to start your business

• someone who will create your website for your business

Step 3: The best way to get investors is to have

• a good looking website

• a lot of money before they invest

• a good business plan they can read