Summer Camp day 4

Bootstrapping means getting money from a bank

A marketing plan can help get customers and improve sales

There are 6 Ps in Marketing

Which one of these business does Dr. Joy NOT have

Dr. Joy had a beauty store

Dr. Joy has travel agency

A single member LLC needs a board of Directors

If my revenue is 500 and my expenses are 800 then I have made a profit

There are benefits to having a linkedin Profile both personally and professionally

You should have a vision mission and value proposition statement for your business

A business plan can help you get a loan

How long should your presentation be

You can get a loan with bad credit

Its a good idea to have a business mentor / advisor

Which one is NOT one of the 4Ps of Marketing

Being good at budgeting your personal finances will help your business

Communication skills are not needed for Entrepreneurship

It is a good idea to have a budget for your business

You do NOT need a promo slide in your presentation

Time Management is needed for Entrepreneurship

Which in NOT a skill you are learning for this camp

Cash flow statements and income statements are the same

You should never set goals for your business

Your presentation should be 3 minutes long

Your logo should be included in your presentation

Today is a good day to have a good day

The skills learned in entrepreneurship are transferable to other disciplines

A business plan can help you map out the future of your business

You can get funding for both a nonprofit and for profit business

If my business is in the RED then it is doing well