wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

HOW TO START A BUSINESS

Total questions: 17

Worksheet time: 9mins

Name
Class
Date
1.
Which of the following are characteristics of successful entrepreneurs?
a)
Creative, work hard, self-confident
b)
Goal-oriented, will to work while others play, highly motivated to succeed
c)
Strong desire to have control, high energy levels
d)
All of the Answers
2.
The purpose of a business plan is to?
a)
describe how a business will operate
b)
guide development of the business
c)
obtain a loan
d)
All of the Answers
3.
Market segmentation is NOT important when planning a new business
a)
True
b)
False
4.

What is a great way to come up with ideas

a)

Barnstorming

b)

Brainstorming

c)

Brain games

5.

Brainstorming is

a)

not helpful

b)

a waste of time

c)

a long detailed process

d)

listing of ideas about a certain subject

6.

Entrepreneurs are all of the following expect

a)

Hard working

b)

Take charge personality

c)

Lazy

d)

Risk takers

7.

Advantage of owning a business?

a)

Risk

b)

Long hours

c)

Being the boss

d)

Financial issues

8.

What can a business sell?

a)

goods

b)

services

c)

goods and services

9.

How to prove your point of view?

a)

express your opinion

b)

cry

c)

provide facts and evidence

d)

be emotional

10.

What is profit?

a)

the money you spend - the price you sell it for

b)

the price you sell if for- the money you spend

c)

the price you sell it for + the money you spend

11.

What would make the presentation about your business better?

a)

Confidence

b)

Facts and evidence

c)

Samples, pictures, videos etc.

d)

All of the above

12.

Why do people get bank loans?

a)

to start heir own business

b)

to expand their business

c)

to never work again

d)

to be in debt

13.

Cost is ...

a)

...the money you have

b)

...how much you pay for something

c)

...the profit

d)

...your income

14.

You can buy goods

a)

at a store

b)

online

c)

at a market

d)

all of the above

15.

To determine means...

a)

...to start something

b)

...to decide something

c)

...to develop something

d)

...to fail at something

16.

To supply means...

a)

...to give people what they need

b)

...to invest in a business

c)

...to borrow money from someone

d)

...to expand a business

17.

Jane has to pay for many services and buy multiple goods every month. She has a lot of...

a)

...profit

b)

...loans

c)

...money

d)

...expenses