How many elements make up the format of a business plan?

All of the following are question derived from the Element: Product & Service of a business plan except:

In a corporation, owners share profit, but liability is limited to

A form of business organization that is authorized to act as a legal entity regardless of the number of owners

what is a disadvantage of partnership?

What is the advantage of corporations?

In which type of organization does one person take all the risks

The idea behind your business is know as the purpose

Easy to start, Owner is his/her own boss, Owner keeps all the profits - These are advantages of what type of business

Which ownership type has unlimited liability (owner has full responsibility for company's debt and can lose entire investment as well as personal assets).

what type of business consists of two or more people?

Which are the disadvantages of a partnership?

Management, Marketing, and Financial statements are all elements of the business plan.

What type of business structure is owned by many people?

Corporations do NOT continue when stockholders sell stock.

Goals as it relates to a business plan should be short term only.

Business owned by one person

The act of assuming the risk of organizing productive resources to produce goods and services

Which of the following is not a characteristic of an entrepreneur?

all of the following are disadvantages of entrepreneurship, except

All of the following are entrepreneurial skill trait, except

These are all characteristics of an entrepreneur, except

A distinguishing quality or characteristic

Most entrepreneurs work long hours but they create their own schedule