Week 1
the reason your business exist is known as its
What is the mission
Your ___ is the person your business will serve
what is customer
Finish the statement "Grows and
Glows
True or False: starting small allows you to start serving your customer someday
What is False
A Limited Liability Company is also known as
What is a LLC ?
3 stages of business
learning about your competition and their process is part of ___ search
what is Market ?
3 steps to build a relationship with your customer
know/ like/ trust
two ways you can sell your product
direct and indirect sale
Keep your personal and business expenses seperate
what is true
tool we use to define our business model
What is canvas
the issue the customer is having is know as
what is the problem
this keeps people coming back to you. Makes them choose you and your business
what is credibility
getting your product or service to your customer is known as
What is distribution
Ways to protect intellectual property
What is patent, trademark, copyright, trade secret
What is Now
what sets you apart from your competition
What are advantages
this marketing tool is often overlooked but can be most essential to getting the message out about your business
What is email marketing
Your typical offering is also known as your
What is unit of sale ?
a group of people who have decided to cooperate or work together is known as a
what is a cooperative
Name the styles of working
what is Do, Learn, Love, Lead
True or False: your business should be a solution to a problem
What is True
True or False: Your message is the main idea you want to communicate about your business
What is true
During your conversation to customers you should about what
What is Price?
name the two types of corporations
s-corp & c-corp