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Worksheets

How to Become a Kid Entreprenuer

Total questions: 15

Worksheet time: 9mins

Name
Class
Date
1.

Entrepreneurs are inventors that want to create things that many people want or need.

a)

True

b)

False

2.

An entrepreneur is a person who creates their own business, taking large risks in order to do so.

a)

True

b)

False

3.

A risk is a situation involving ____

a)

peace

b)

harm

c)

danger, harm or loss

d)

groups

4.

Entrepreneurs create a business to make a profit off their ____ and ____.

a)

children and property

b)

good looks and money

c)

big house and Mercedes Benz

d)

good ideas and hard work

5.

Which word is not apart of the 4 P's of Marketing?

a)

product

b)

price

c)

precision

d)

placement

6.

What is target audience?

a)

captain underpants

b)

Your favorite dog

c)

People most likely to to be interested in a company’s product or service

d)

people on a talkshow

7.

What is a mission statement?

a)

Your business logo

b)

A simple statement that explains your company goals.

c)

Its the name of your business

d)

Its the statmenent yo make after a sell.

8.

What is a business plan?

a)

A startup fee

b)

A document for parents to give permission to start a business.

c)

Written document that describes your idea for a product or service

d)

A plan to stary buying a car.

9.

Start up cost is how much it cost to start a business.

a)

True

b)

False

10.

An entrepreneur is a boss or employee?

a)

Employee

b)

Boss

c)

Both

d)

Neither

11.

Every business want to make ____?

a)

Profit

b)

Expenses

12.

What is marketing?

a)

a business plan

b)

a budgeting tool

c)

the total orders that you have made in 30 days

d)

promote the buying or selling of a product or service

13.

Select the types of ways you can market your business?

a)

website

b)

eating a slice of pizza

c)

flyer or poster

d)

tv commercial

14.

How can you calculate your profit?

a)

profit=income-expenses

b)

profit=expenses+income

c)

profit=sale price+profit

15.

What is some things you can do with the money you make from your business?

a)

reinvest in your business

b)

save for college

c)

donate

d)

hide it in the back yard