Influences in Establishing an SME

Personal savings are what source of finance?

Paying wages is what sort of cost?

e-retail means the company is selling their product where?

Which of the following is a disadvantage of buying a franchise?

Which of the following is an advantage of buying an existing business?

Government grants are what source of finance?

Which one is NOT a benefit of entrepreneurship?

Employee salary is what type of cost?

Overdraft are what source of finance?

Which of the following is NOT a personal quality listed in the syllabus?

Which of the following is not a method of establishing an SME

Percentage mark-ups increase the cost price by a fixed percentage to give the selling price

Annual Leave is what type of cost?

Businesses have to sell their products at the recommended retail price

Which of the following is NOT a professional adviser?

The THREE levels of Government in Australia are Global, National and State

Cutting the price of your good to beat the competition will result in a greater profit per unit

Every single business has to register its name