WorksheetsStarting your own business
Total questions: 15
Worksheet time: 11mins
Step 1: which is not a basic step to creating your own business:
have an idea
create a business plan
market your product
Use a business plan without researching
Step 1: What should you begin with when creating a business?
begin with what you know
start with what someone tells you
find failed businesses online to use
ask your friends for ideas
Step 1: After gathering your ideas you should
use your math skills to create a chart or graph
highlight the strengths and weaknesses of each idea
test your idea with people you trust
all of the answers stated
Step 2: A business plan should include one of these
understanding the market
pictures of your friends
a picture of the front of your office building
Step 2: the business concept is
a written statement explaining your business
pictures and graphs about how much money your business has made
where you got your inspiration to start your business
Step 2: The company description explains what you will be doing it should _____________________________
highlight the company's goals and objectives
highlight the companies expenses
highlight the companies products
Step 2: Prove you have a good idea by using your math skills to create a simple business plan. Take the time to think through ideas and research the facts.
True
False
Step 3: You should create a _________ for your personal expenses
list
website
budget
Step 3: An investor is
someone who will check if you have a good business idea or not
someone who is willing to give you money to start your business
someone who will create your website for your business
Step 3: The best way to get investors is to have
a good looking website
a lot of money before they invest
a good business plan they can read
Step 4: There are two types of marketing they are
introvert and extrovert marketing
inbound and outbound marketing
positive and negative marketing
Step 4: One way to market your product it to do a special promotion like buy one get one free
true
false
Step 4: The best marketing tool for your business is your
finances
reputation
website
boss
Step 5: Always make customers promises you can't keep
true
false
Step 5: The key is time management this means you know
that you need to spend your time playing sports and then doing work
how to balance your time between things you need to do and things you want to do
that each day you should allocate exactly 5 minutes to your business
