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Starting a business 1

Total questions: 10

Worksheet time: 4mins

Name
Class
Date
1.

A good business plan defines your business and ______________ your goals.

a)

identifies

b)

completes

c)

idealizes

2.

A lot ___________________ ( = depends) upon how comprehensive your business plan is.

a)

hinges

b)

haggles

c)

hassles

d)

harnesses

3.

A list of your assets, liabilities and net worth is what's known as a _______ sheet.

a)

balanced

b)

balancing

c)

balance

d)

bill

4.

How do you plan to get the financial _____ ( = money, etc.) to start your business?

a)

recourse

b)

recurrence

c)

resources

5.

A cash __________ analysis is an analysis of a company's financial "health".

a)

flow

b)

flowing

c)

flood

d)

flooded

6.

Many new business owners rely on _________________ ( = funding from other sources, not their own) to start and develop their business.

a)

outer funding

b)

outside funding

c)

other funds

7.

You shouldn't ________________ when it comes to drawing up a business plan. ( = You shouldn't take too long to finish it)

a)

drag your feet

b)

drag your shoes

c)

drag it along

8.

We have a well ________________ vision for our business.

a)

thought

b)

planned

c)

thought-out

9.

Your business' ___________ refers to how easy (or difficult) it is to market/promote it.

a)

market savvy

b)

marketability

c)

market watch

10.

Any bank will want to make sure your business has a good chance of being _____________ before giving you a loan.

a)

profitable

b)

profit-sharing

c)

profit-oriented