This personality type is characterized by vision, leadership, and is motivated by power
Red
100
entrepreneurship is a loanword from which language
French
100
This type of business ownership is one and the same in the eyes of the law meaning unlimited personal liability
Sole proprietor
100
In this type of model employment in the business is membership right, if you are a member of the family you are guaranteed a job
Family first model
100
This type of cost is due to lost productivity after an employee has given two weeks notice
Pre-departure costs
200
This personality type is known for clarity, tolerance, and a desire to keep the peace
White
200
Two main functions of the small business administration are
Helping businesses to land contracts and obtain financing
200
This type of ownership structure is subject to double taxation
Traditional C- Corp
200
In this type of model employment is based on qualifications and performance is evaluated by an unbiased 3rd party
What is business first model
200
These are the costs of processing the paperwork for payroll, taxes etc needed of a new hire
On boarding costs
300
This personality types core motive is fun, the strengths are optimism, and enthusiasm.
Yellow
300
What is the ratio of small businesses to people in Idaho
1 to 10, (1 small business for every 10 people)
300
This type of business ownership structure has the benefits of a traditional c-corp but is not subject to double taxation
Subchapter S-Corps
300
What are the three systems that must be considered in family business management
Family, ownership, business
300
This famous economist said and entrepreneur was a prudent man, who is frugal and an agent of slow but steady progress
Adam Smith
400
Friendship and intimacy are the core motivations of this personality type, with strengths of quality and passion for service
Blue
400
Name two depression era entrepreneurs still in business today
JR Simplot
Makers of Little Debbie
Gallo Wines
400
What does "double Taxation" mean
The corporation is taxed, then the shareholders are taxed on dividends
400
What percent of family businesses don't survive the first 5 years
90%
400
What is the typical cost of venture capital financing
25-30%
500
If you appeal to feelings and emotion you will most likely have greatest success with this personality type
Blue
500
Why is the definition of "small" business deceptive
A business can have up to 499 employees and still be considered small
500
This type of ownership structure allows for any two of the following: Unlimited liability, Free transfer-ability of interest, centralized management , and continuity of life