Starting a Business on a Budget

What is one of the key takeaways from the article about starting a business?

• Financial investment is crucial

• Entrepreneurial spirit and creativity can triumph over financial constraints

• Hiring professionals is necessary

• Avoid competitions.

What did the author realize they needed when starting their business?

• A large team

• A website

• A physical store

• A marketing agency

What did the author learn about cleaning products?

• They are mostly water and packaged in plastic

• They are expensive

• They are easy to make

• They are environmentally friendly.

What is the main theme of the article?

• The importance of hiring professionals

• Launching a business on a budget

• Investing in expensive resources

• Avoiding entrepreneurship

Which of the following is a takeaway from the document?

• Avoid entering pitch competitions

• Apply to as many competitions as possible

• Focus only on local opportunities

• Ignore rejections

Fill in the blank: Entering pitch competitions and applying for grants is an ideal way to find ______ for your venture.

• Partners

• Money

• Clients

• Ideas

What is the role of Anastacia Yefimenko at Elcove?

• Marketing Manager

• Co-founder and CEO

• Financial Advisor

• Product Designer

According to the document, what should you do if you face rejections in competitions?

• Give up

• Try a different field

• Persist

• Change your business idea.

What type of products does Elcove provide?

• Electronics

• Sustainable and toxic-free home care products

• Fashion accessories

• Financial services

Fill in the blank: 'Osmosis' is the movement of water molecules through a ____.

• permeable membrane

• impermeable membrane

• semi-permeable membrane

• solid barrier