Buisness 101
What is every buisness set out for?
Profit
True or False?
A sucsesfull entreprenuer is afraid of risks.
False
The overviem of your whole buisness plan is in what section? Where investors will look first.
Executive Summary
What is The United States form of economic system?
Capitilism
True or False?
Accounting involves attention to detail and ability to do math.
True
What are the two types of buisnesses?
Service based and Goods based
If you are seeking $10,000 for 20% of your company. What is your evaluation?
$50,000
Where do investors typically look after the executive summary?
Financial Plan
Name one country that is a free market economy.
Switzerland, Ireland, Singapore, and Tiwan
What type of degree is needed (or requested) for almost all feilds of buisness?
Bachlores
Revenue-COGS-Expensess=?
Profit
What type of legal term is used for a buisness that is owned and all liability is on one person?
Sole Proprietorship
True or False?
You should lie and make your numbers larger in your financial plan then what you actually expect.
False
What type of economic system (one of the isms) was the USSR?
Capitalism
In the show "The Office." Stanley Hudson is in what profession of buisness?
Sales
What was Dow Jones closing price on Feburary 15 2023?
$34,128.05
Who partnered with "Bomba Socks" on shark tank
Deymond John