Section 1
Section 2
Section 3
Vocabulary 1
Vocabulary 2
100
How many store do Super Regional Shopping Centers have?
Over 100 stores
100
Who are the two people in a lease contract?
A Tenant and a Landlord.
100
What is something a Bakery would buy for inventory?
Ingredients, shelves, ovens, a cash register, baking tools, aprons, decor, tables and chairs.
100
What is a quote?
A quote is an estimate for how much you will pay for merchandise or service.
100
What's a landlord?
A landlord is the person who owns and rents out buildings or space.
200
Where are Stand Alone Stores located?
Outside Business centers and far away from other businesses
200
What do you get when you divide the amount of rent by the number of projected customers?
The Rent Per Customer.
200
What are at least 2 valuable sources of vendor information?
Trade magazines, Trade associations, the internet, SBA and SCORE.
200
What is the trade area?
The trade area is the area from which you expect to attract customers.
200
What is a tenant?
A tenant is a person who pays rent or occupies space owned by someone else.
300
What are at least 2 reasons people decide to be Home Based businesses?
Cost savings, more freedom, and it is convenient.
300
What should you create in order to know where everything is going to go inside your business?
A layout or floor plan.
300
What are at least 2 things you should you do before you decide to make make a purchase from a vendor?
Contact several vendors and ask them to quote you a price for the merchandise you are interested in and the quality, financing terms, quantity discounts, and shipping of their products.
300
What are enterprise zones.
Enterprise zones are areas that suffer from lack of employment opportunities.
300
What is a vendor?
A vendors are companies that sell products or services to businesses.
400
What are at least 3 reasons why Online businesses succeed?
No physical barriers, no time restrictions, cost effective start up and communication, employee costs are minimal, and a customers selections can be tracked.
400
What are 4 ways you can send a positive message about your store?
Appropriate lighting, inviting entrance, organize with common sense, have four feet of isle space, use wall space, and have attractive indoor displays.
400
What should you do in order to not run out of stack unexpectedly?
Track and establish recorder points for each product you sell.
400
What is a gross lease?
A gross lease the tenant pays rent each month for the space occupied and the landlord covers all property expenses for that space, such as property taxes ,insurance on the building ,and maintenance.
400
What is an industrial park?
An industrial park is a section of land that is zoned for industrial businesses only.
500
What should you be cautious of and do to set up your online business?
Buy your own domain, creative design, have fast loading speed, and keep updated information.
500
What are 4 things you should do in order to facilitate shipping and receiving?
Locate at a one story warehouse, keep merch in the shipping dock, store popular items in accessible locations, keep walkways free, store items safely, hire supervisors, safely kept equipment, and clearly mark exits.
500
Why should you make a initial list of things you will need for a business?
To know how much of each item you need, not create unwanted bills, to own standard items, and to keep organized.
500
What is E-commerce?
E-commerce or electronic commerce, consists of buying and selling products or services over the internet.
500
What is a percentage lease?
With a percentage lease the tenant pays a base rent each month and the landlord also receives a percentage of the tenant's revenue each month.
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