Entrepreneurship Ch5 Review

Writing a business plan can help you identify problems you may encounter in the future.

A business plan should be hand-written.

Information about what's affecting the industry in which you operate is in the

The SBA charges a fee to watch their online videos.

Details about future expansion plans would be included in which section of the business plan?

The type of commercial property location along heavily traveled routes is called

A business plan should

The History and Background section discusses the owner's education and work history.

How many sections are in the main body of the business plan?

In which part of the business plan is the entrepreneur's resume included?

When describing your customers, psychographic data refers to consumers' hobbies and interests.

The Marketing section not only identifies competitors but also addresses their strengths and weaknesses.

A list of requirements an applicant must be have in order to apply for the poisition is called a(n)

Information such as age, income, marital status and identity refers to a customer's

SCORE volunteers charge a nominal fee for their services.

You should cite sources you use when researching information for your business plan.

Potential risks associated with your business should be detailed in the

A resume, which is a document that is all about you, should be typed.

An direct competitor of Starbucks is

Short-term goals are for 2 years into the future.

After it is completed, you can use your business plan to

The first page of the business plan is the

The closest office of the SBA is in

An indirect competitor sells the exact same things you do.

The last part of the business plan included at the end is called the

References, which are sources you used to research information for the business plan, are included in the Appendix.

If you partnered with the SBA to start your small business, what is the first step they would have you complete?

In which section of the business plan is location addressed?

A list of duties that an applicant would be expected to perform on the job is a(n)

Venture capitalists invest in small start-ups in exchange for a percentage of equity in the company.