Exploring Business Opportunities

What is a type of business that sells food?

• restaurant

• food truck

• grocery store

• catering service

What do we call a plan for starting a business?

• Startup strategy

• Business proposal

• Business plan

• Investment outline

What is one way to tell people about a new toy?

• Launch a social media campaign.

• Host a toy fair in your city.

• Create a television commercial.

• Send a press release to local newspapers.

What type of business helps people fix their cars?

• Clothing boutique

• Auto repair shop

• Bookshop

• Grocery store

Why is it important to have a business plan?

• It serves as a legal document for tax purposes.

• A business plan is primarily for marketing strategies.

• A business plan is only necessary for large corporations.

• It is important to have a business plan to guide operations, secure funding, and measure progress.

What is a fun way to advertise a lemonade stand?

• Set up the stand in a dark alley

• Sell only bottled water instead

• Use colorful signs and catchy phrases, offer free samples, and create a fun theme.

• Use plain white signs with no text

What type of business sells clothes?

• Electronics shop

• Clothing store

• Grocery store

• Bookstore

What should you include in a business plan?

• Business location details

• Supplier contact list

• Executive summary, company description, market analysis, organization and management, product line or services, marketing and sales strategies, funding request, financial projections, appendix.

• Employee personal information

How can you make a poster to attract customers?

• Avoid any call to action or clear messaging

• Use bold colors, clear messaging, quality images, organized layout, and a call to action.

• Include irrelevant images and cluttered design

• Use dull colors and small text

What is a service business?

• A service business sells physical products to customers.

• A service business focuses solely on manufacturing goods.

• A service business only operates online without any customer interaction.

• A service business provides services to customers instead of physical products.