A Business Plan
Growing Your Business
Human Resources
Information Technology
Challenge
100

The written document that outlines your business goals and how you plan to achieve them, providing focus, accountability, and direction for entrepreneurs.

What is a business plan?

100

This is the name of Jack's food truck.

What is Tiger Meat?

100

Before hiring someone you will need to calculate this

What is how much I will be able to pay them

100

Using this technology will allow you to access your files anywhere

What is cloud technology

100

The degree to which an entrepreneur is comfortable with uncertainty and potential losses in pursuit of business opportunities.

what is risk tolerance?
200

Insurance that protects you in the event you harm someone or damage any of their stuff

What is Liability Insurance?

200

Dave Ramsey suggests you grow at "blank"

What is the speed of cash?

200

Starting small in your business means you may not be able to do this

What is hire more people right away?

200

This is being used to make tedious tasks in business obsolete

What is AI

200

This is the internal focus when it comes to a SWOT analysis

What is the strengths and weaknesses

300

The section of the business plan that describes how you will promote your business

Marketing Strategy

300

This is the strategy that Jack emphasizes when starting a business with limited resources.

What is start small?

300

This is a good trial period for new hires to see if they are a good fit

What is 90 days?

300

What is the term used when something is extremely secure when it comes to documents and records

What is military-grade encryption

300

This is what it's called when entrepreneurs give back to others

What is philanthropy

400

This is the Acronym used on Ramsey for goal setting

What is SMAYW (Specific, measurable, attainable, yours, written)

400

This is the question every entrepreneur should ask themselves before making their company bigger

What is "why do I want to expand"

400

When hiring someone we should consider these 5 things (list 2)

What is 

  • Hire someone who cares about your business and is onboard with your mission and purpose.
  • Hire someone you genuinely like because you will be spending a lot of time with them.
  • Hire slowly; take your time with longer interviews to get an idea of an applicant’s character, passion, and work ethic.
  • Don’t hire someone out of desperation or just to get a job done; don’t dismiss red flags that cause you concern.
  • Hire staff with the understanding of a ninety-day trial period to make sure the person is right for the job before the job becomes long-term.
400

This is an example of an accounting software you can use in your business

What is 

Quickbooks

Xero

400

In Entrepreneurship the term "bootstrapping" refers to this

What is funding the venture without external help

500

Business plans for large companies are usually this many pages.

What is 20-30?

500

Future expansion goals include but are not limited to (3/5)

What is 

  • Hiring extra help
  • One or multiple locations
  • Brand or name recognition
  • Additional costs
  • Rent, build, or buy
500

According to forbes many entrepreneurs are guilty of this

What is hiring extra help too early

500

In the context of entrepreneurship and technology, the term "disruptive innovation" refer to this

What is introducing something that completely reshapes the market

500

The definition on an intrapreneur 

What is an employee who tries to innovate the company they work at

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