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Develop a Business Plan

Total questions: 9

Worksheet time: 2mins

Name
Class
Date
1.

Financial statement based on projected revenues and expenses

a)

Statement of purpose

b)

Pro forma financial statement

c)

The statement of retained earnings

d)

Income statement

2.

What is the correct order of a business plan?

a)

Title page, Table of contents, Cover letter, Statements of purpose, and Executive summary

b)

Cover letter, Title page, Statements of purpose, Table of contents, and Executive summary

c)

Cover letter, Title page, Table of contents, Statements of purpose, and Executive summary

d)

Executive summary, Table of contents, Statements of purpose, Title page and Cover letter

3.

What offers print resources?

a)

Public libraries

b)

The Internet

c)

Governmental Organizations

d)

The Postal Office

4.

A business plan is not intended for...

a)

your competition

b)

potential investors

c)

your bank

d)

any of the above

5.

The most vital part of a business plan is the executive summary.

a)

True

b)

False

6.

What chapter Is this Quizizz about?

a)

4

b)

5

c)

6

d)

3

7.

Writing a business plan...

a)

is a simple process with very little effort.

b)

is quick but difficult.

c)

helps the government.

d)

requires time.

8.

A business plan is important for all the following reasons except

a)

It makes you think about all aspects of your business

b)

It helps you communicate your ideas to others

c)

It guarantees you will get financing for your business

d)

It can serve as a tool for managing your business

9.

An independent agency of the federal government that was created to provide support to entrepreneurs and small business

a)

SBA

b)

SCORE

c)

SBDC

d)

SME