Small Business Steps
The first thing you need when starting a business
An idea
7
True or False, Small businesses are not important to the national US economy
False
What musical artist made the songs: "Come Together" "Elenor Rigby" and "Let It Be"
The Beatles
Identifies a research finding that has potential financial implications
Researcher entrepreneurs
Name three benefits of small businesses on a local economy
Creates jobs, revenue is reinvested in community, less infrastructure investment, higher rate of innovation, more opportunities for women and minorities, taxes reinvested in community
The musical artist with the most monthly listeners on Spotify
Bruno Mars, 111,405,000 listeners/month
Two main types of Business plans are
Traditional and Lean
Which type of entrepreneur has national or global reach?
Large Company entrepreneurs
What percentage of the GDP do small businesses make up?
44%
What is the highest grossing movie of all time?
Avatar(2009)
Type of Business that files with the IRS to get a tax exemption
Non-profit Corporation
Which type of entrepreneur reuses or builds upon an existing business model
Imitator Entrepreneurs
Total Market Value of goods and services
Gross Domestic Product(GDP)
What movie is cited as the biggest box office bomb of all time losing their studio over $255 million?
John Carter
What is an EIN?
Employer Identification Number, the businesses social security number
Someone who owns a local McDonalds is this type of entrepreneur
Small business(Franchise owner)
How many small businesses are there in the US?
34.8 million
What movie won best picture at the 92nd Academy Awards in February, 2020?
Parasite