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9 Steps for Starting Your Business

Authored by Brittany Morgan

Business

10th Grade

Used 3+ times

9 Steps for Starting Your Business
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Different than anything else. Attracts customers and generates sales that is different from other businesses.

Expense

Differentiated Offering

Target Market

Credit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The intended group of customers you want to serve.

Expense

Differentiated Offering

Target Market

Credit

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A one-page financial projection that lists your major revenue sources and expenses.

Expense

Pro Forma

Target Market

Credit

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

is how you intend to communicate to large numbers of customers, motivating them to learn more about your business. (Example: advertising is a marketing tool.)

Selling Strategy

Pro Forma

Marketing Strategy

Credit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

is how you move specific customers to buy from you. (Example: a special event in your store’s parking lot featuring discount prices is selling.)

Selling Strategy

Pro Forma

Marketing Strategy

Credit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A detailed To Do List of steps you’ll need to take to go from concept and funding all the way to business launch

Launch Plan

Pro Forma

Marketing Strategy

Accounting System

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Software program to track financial information like budgets, expenditures, invoicing and payroll.

Launch Plan

Pro Forma

Marketing Strategy

Accounting System

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