Starting a Small Business Quiz

What is the first step in starting a small business?

• Write a business plan

• Register the business

• Choose a business idea

• Create a website

Why is it important to have a checklist when starting a business?

• It helps you focus on non-business tasks

• It ensures tasks are completed in an organized way

• It makes your business look more professional

• It reduces competition

What should you do before registering your business name?

• Create a logo

• Write a business plan

• Choose a business location

• Set up social media accounts

What should the ‘Description’ column in your checklist contain?

• The date the task was completed

• A brief explanation of the task

• The task’s importance

• The total cost of the task

What is the purpose of the ‘Status’ column in your checklist?

• To show the priority of tasks

• To track the completion progress of each task

• To assign tasks to different people

• To list the tasks in order

Why is it important to set realistic due dates for tasks in your business checklist?

• To ensure you have enough time to complete each task

• To make your checklist look full

• To impress potential investors

• To increase the cost of your business

Which of the following is a key reason for using the ‘Priority’ column in a checklist?

• To prioritize tasks based on their level of importance and urgency

• To make tasks look more professional

• To organize tasks by their cost

• To make the checklist look longer

How do checkboxes in your business checklist help with organization?

• They allow you to mark tasks as completed

• They help you add more tasks

• They make the list look cleaner

• They help with task descriptions

What is the main purpose of writing a business plan?

• To impress investors

• To structure your tasks and goals for starting the business

• To generate profits quickly

• To create a website for the business

Which of these tasks should be included in your small business checklist?

• Clean your workspace

• Choose a business idea

• Watch TV

• Take a vacation