What is holding a share, taking over and managing a small business.
100
People with unsatisfied wants and needs who have both the resources and willingness to buy is known as
What is Market
200
Realize that all organizations require (name 3 out of )
What is capital, good ideas, planning, information management, budgets, financial management, accounting, marketing, employee relations, and a know how attitude.
200
Accounting is..
What is keeping records
200
Individuals or companies that invest in new business in exchange for partial ownership of those businesses are known as
What is Venture Capitalist
200
It is important to know your customers in order to manage
What is employees
300
Large business do not always serve
What is needs of market
300
Knowing your customers will help you with...
What is marketing
300
Venture Capitalist can hold as much as __% of your business
What is 60%
300
Most often business failures can be blamed on poor
What is accounting
400
Personalized service results in
What is a lifetime customer
400
A detailed written statement that describes the nature of the business, target market, advantages, competition, resources and qualifications of the owner(s)
What is a business plan
400
Frees the owner from large responsibilities eventually could allow...
What is ownership
400
SCORE stands for
What is Service Corps of Retired Executives
500
Small business makes up what percent of employment
What is 60-80%
500
Name 3 out of the 9 main sections of a business plan
What is cover letter, summary, background, management, financial plan, capital, marketing, location, manufacturing and conclusion.
500
The image on the Venture Capitalist slide displayed what slogan
What is VC- the new superhero of the modern world
500
Name the three critical aspects to managing employees