Free Printable Micro-Enterprise

Worksheets

Micro-Enterprise

Total questions: 20

Worksheet time: 10mins

Name

Class

Date

Robin has been working throughout the week to get ready for the store opening on Friday. The tiles for the entryway weren’t delivered on time, but Robin took the company van and picked up the tiles at the vendor’s warehouse. When the utility didn’t connect the electricity on Monday, Robin stayed on hold for an hour before finding a supervisor who sent a utility tech right away.

The type of entrepreneurial behavior that Robin has been exhibiting over the past week can best be described as:

(a) independence

(b) optimism

(d) computer literacy

Something of value

liability

asset

debt

equity

Equipment, inventory or other goods that are pledged to the bank in the case the company can not make a loan payment

mortgage

securities

collateral

Money earned when something is sold. It is usually stated as a percentage

commission

collateral

liquid asset

liability

A person or a business with a strong credit score and the financial resources that make it like they will be able to pay any loan.

collateral

dividend

credit-worthy

net income

Money paid by a company to a person who owns stock in that company.

liquid assets

assets q

dividend

mortgage

An obligation you have to pay someone else money.

asset

commissions

lien

liability

The right to take possession of collateral until a debt is repaid.

collateral

lien

mortgage

notes payable

Cash or securities that can be immediately turned into cash, which can then repay any loan amount outstanding.

mortgage

commissions

assets

liquid assets

10.

The money a person borrows to buy real estate.

mortgage

lien

notes payable

maturity

11.

The date a loan (or debt or liability) is repaid in full.

securities

lien

credit-worthy

maturity

12.

Revenues after cost

notes payable

assets

net income

maturity

13.

Other types of debt that you owe someone other than a mortgage

notes payable

liquid assets

lien

securities

14.

An investment worth money; a financial instrument indicating ownership.

lien

mortgage

securities

15.

One of the equal parts into which a company's capital is divided, entitling the holder to a proportion of the profits.

securities

assets

liability

16.

An individual or company that owns shares in a company

lien holder

brokerage

angel investors

shareholder

17.

Assets that are not already pledged as a guarantee to repay another loan

unencumbered

lien

securities

18.

Self-motivation

The ability to find solutions to difficult or complex issues. The process of working through the details of a challenge or crisis--often under pressure--to reach a solution.

An individual's self-commitment to overcome obstacles to achieve long-term goals. The ability to keep pursuing your dream despite challenges and defeats. Perseverance, resilience and backbone.

The ability to pursue what you think is right or necessary to do despite temptations to quit. Self-command, persistence and resolve.

The ability to pursue a task without being told to by someone else. Individuals who are self-motivated can find the strength to start and finish a task without giving up.

19.

Grit

The ability to find solutions to difficult or complex issues. The process of working through the details of a challenge or crisis--often under pressure--to reach a solution.

An individual's self-commitment to overcome obstacles to achieve long-term goals. The ability to keep pursuing your dream despite challenges and defeats. Perseverance, resilience and backbone.

Working with others to address a challenge. Individuals using their skills in harmony with others to complete a task. Effective team work involves trust among team members. Collaboration and cooperation.

The ability to accurately convey information about what you are thinking, any questions you may have and what you feel needs to be accomplished to others. Both verbal (or spoken) and written communication skills are important.

20.

Comfort Engaging with Strangers

The ability to use computers for basic tasks, such as developing documents, sending emails and searching the internet for information.

Abilities an individual develops that helps him/her succeed. Personal capabilities are developed by a combination of observation, training and hands-on trial and error.

Understanding how individuals and businesses earn money and what they spend money on. Understanding important financial terms. Learning how to create a budget.

The ability to interact in a friendly and effective way with people you don't know. The ability to seem welcoming and easy to talk to, even with people who are different in age, appearance or background.

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Micro-Enterprise

Total questions: 20

Worksheet time: 10mins

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