A voluntary agreement under which 2 or more people act as co-owners of a business for profit is what kind of ownership?
Partnership.
100
This is a licencing arrangement under which one party allows another party to use it's name, trademark, patents, copyrights, business methods, and other considerations.
What is franchise?
200
This is a document that describes your business.
What is a business plan?
200
True or False.
Sole Proprietorship is a hybrid form of ownership that is similar in some respects to a corporation while having other characteristics that are similar to a partnership.
False, it's a business owned by a single individual.
200
This is the percent of franchises that women now own.
What is 30%?
300
This provides statistics on general trends.
What is the S.B.A. (small business administration)?
300
Fill in the Blank.
The Limited Liability Corporation is the _____ single discovery of modern times.
Greatest.
300
This is how many franchises are in the United States today.
What is 800,000?
400
This is a free business counselling for small businesses.
What is S.C.O.R.E. (service corp of retired executives)?
400
Multiple Choice (Who said this quote?)
Corporation: An ingenious device for obtaining profit without individual responsibility.
A. Ambrose Bierce C. John Rockfellar
B. Nicholas Butler D. George Bush
A. Ambrose Beirce
400
This is the percent of new businesses that start with commercial loans.
What is 20%?
500
This is management assistance to small businesses.
What is the S.B.D.C. (small business development center)?
500
What from does a corporation have to file in order to meet all the states requirements?
Articles of Incorporation.
500
This is how many thousands of dollars non prophets can gain in their start up process from the U.S. Small business Administration.