Font size
WorksheetsS1 Business Startup
Total questions: 12
Worksheet time: 4mins
To run a successful business you need to be (tick all that apply)
Responsible
Lazy
Unreliable
Hardworking
The name given to a person who starts their own business
Dragon
Business owner
Loan Shark
Entrepreneur
You will need money to start your business. Who could you NOT borrow money from?
Family
Bank
Friends
Charity
When you borrow money it is called taking a
Present
Gift
Loan
Donation
Borrowing money may not be cheap because you are likely to be charged
Interest
By the police
Income Tax
Wages
If you borrow £2000 and interest rate is 5% you will have to pay this amount of interest
£20
£100
£200
£50
The name given to a very bad person who may try to encourage you to borrow money from them
Banker
Loan Shark
Entrepreneur
Teacher
When choosing your shop premises you would NOT consider
Size
Number of Bedrooms
Location
Cost to rent
This business may help you find a suitable shop to rent or buy
Bank
Loan Shark
Government
Property Agent
The people who buy from your shop are called your
Customers
Employees
Suppliers
Family
The money you have to pay each month for your shop premises is called
Interest
Rent
Loan
Selling your goods online can help you to increase sales and make more profit
False
True
