Starting a Business Test Terms

Management Philosophy of the Business.

Website used to help with contracts and agreements.

Financial Statements that will help forecast the Future Financial Health of the Business.

Protect Invention of products or processes from theft.

A good Business Plan should be about __________ pages.

Artistic Work should be ___________.

One who purchase a Franchise is called the __________.

Not Always a good place to go for Investments into a Business.

When looking for a Location for a Business, it is important to not consider _________ .

Restaurants often fail, for all of the following reasons except?

Acquiring Financing from Banks & Investors

The General Approaches you will take to achieve your Goals is called

A company of people authorized to act as a single Business Entity & recognized as such in law

How the Business will make its customers aware or products or services.

Outline to follow when Starting a Business.

A Variety of Products and Services offered to Consumers is called?

Protects business name or logo

A legal agreement between Franchise and Franchisee.

When going over the Legal Rules of Starting a Business, it is important to hire a _________.

Day to Day Activities falls under the ______ part of a Business Plan.

A useful website for Legal Information is ______.

All processes involved in producing the product or service and transporting to the customer

Differentiation of a Variety of Products  & Services

Brief 1 to 2 page description of the Key Points of each section of the Business Plan.

Social Media is an important part of the ________ Plan.

Markup Costs are ?

Hiring the Right People falls under the ______ plan.

Business owned & run by 2 or more partners.