Miscellaneous
The name of the business example that has been used throughout this training.
What is Jade’s Pizza Express?
This is what it is called when we change an IPE and add/remove or edit content.
What is an IPE revision or amendment?
Lone Star Towing and Dave’s Carpentry are examples of these.
What are business names?
Rent is an example of this kind of expense.
What is a fixed cost?
Upfront cash is required to cover these two types of costs.
What are pre-opening and post-opening costs?
A way to learn about expected sales, seasonal trends, and potential customers.
What is business research?
A VR service that is included in every participant’s IPE.
What is counseling and guidance?
The document that outlines a business’ goals and the plan to achieve them.
What is the business plan?
Purchasing an industrial mixer is this kind of cost.
What is a capital expense?
The number of sales you need to exactly cover your fixed and variable operating costs.
What is the break-even point?
This worksheet helps the participant estimate how much it will cost to get the business started.
What is the “Start-up Costs” worksheet?
When writing an employment goal on a participant’s IPE, the VR counselor would say “catering” or “jewelry making” instead of this.
What is self-employment?
The business plan section that outlines the strategies that a business will use to reach customers and sell its product or service.
What is the marketing plan?
A simple and inexpensive way to let people know about a business (like word of mouth).
What is low-cost advertising?
Unpaid, professional, and temporary are types of these.
What are workers?
A one-to-two-page outline of the full business plan.
What is the executive summary?
The minimum number of days a participant can be self-employed before a case is closed.
What is 90 days?
The business plan section that describes how a participant will run their business.
What is the operations plan?
The name for an expense that changes based on how much you sell.
What is a variable cost?
Two ways to lower your break-even point.
What is increase price and lower costs?
A 1 to 3 sentence statement that includes the business name, product or service, and target customers.
What is the company description?
This is where a VR counselor would find the mandatory requirements for an IPE.
What is the 34 CFR 361.46 Regulation?
This is what it is called when a participant puts items on sale to help market their business.
What is business promotion?
This can cover business losses related to unexpected events like accidents, fires, and theft.
What is business insurance?
Creating an invoice, paying bills, and paying taxes are examples of these.
What are management activities?