Small Business Administration Quiz

What does a .gov website belong to?

• A non-profit organization

• An educational institution

• An official government organization in the United States

• A private company

What does a lock symbol or HTTPS indicate on a website?

• The website is not working

• The website is under maintenance

• The website is secure

• The website is a blog

What is the first step in starting your business according to the SBA guide?

• Register your business

• Pick your business location

• Write your business plan

• Plan your business

What helps you find customers for your business?

• Market research

• Business credit

• Business insurance

• Startup costs

What is the foundation of your business?

• Your business plan

• Your business credit

• Your business name

• Your business location

What should you calculate to request funding and attract investors?

• Business structure

• Business location

• Startup costs

• Business name

What can simplify the initial planning process of starting a business?

• Applying for licenses and permits

• Registering your business

• Choosing a business name

• Buying an existing business or franchise

What is one of the first financial choices most business owners make?

• Choosing a business name

• Marketing your business

• Hiring employees

• Funding your business

What should you do to share sensitive information safely?

• Use a secure .gov website

• Use a .edu website

• Use a .org website

• Use a .com website

What is the purpose of competitive analysis?

• To apply for licenses

• To make your business unique

• To find a business location

• To register your business