Domain 4 Lesson 3

An operating budget outlines the (a)   a business will need to run efficiently.

An operating budget includes a breakdown of all of a company's fixed and variable monthly cost and operating expenses such as depreciation and inter on (a)   .

Bootstrapping is where an owner uses their own (a)   to fund a business.

The Small Business Administration (SBA) makes it easier for small businesses to get loans by reducing the (a)   for lenders, community development organizations, and other lending insititutions.

Which one below is NOT a common startup cost for most businesses?

Rent and Taxes are some of the recurring cost that most businesses have.

Company signs is an example of a one-time expense?

An operating budget outlines the risk a business needs to run efficiently.

When must Small Business Administration real estate loans be repaid?

(a)   investors are wealthy individuals willing to finance a business for an equity stake in the business in return.