Make a Statement
This is used by a company to explain, in simple and concise terms its purpose for being here.
What is mission statement?
This indicator measures the overall consumer optimism about the state of the economy.
What is Consumer Confidence?
A form of tax paid to a governing body for the sale of goods and services.
What is Sales Tax?
The most common type of funding for small businesses.
Is the percent of total sales in an industry generated by a particular company.
What is Market Share?
This used by a company to declare there of its mid-term and long term goals, stating what they want to become in the future.
What is Vision Statement?
This indicator states that we need to cater for the demands of an economic environment and a strong society.
What is Economic Growth and Development?
A form of tax paid on the state and federal income level.
What is income tax?
You would have to pay the principal and the interest with this type of loan.
What is Business Loans?
What are market leader or first mover?
Name two types of people to consider when writing a mission statement.
What are customers, donors, investors, or community?
This usually occurs when the supply of money is larger than availability of goods and services.
What is Inflation?
In Payroll tax, these three government assistance programs are funded.
What are Medicare, Social Security & Unemployment?
A great source of funding that are usually easier to convince than strangers.
What are family and friends?
What are customers innovative technology, strengthening customer loyalty, hiring talented employees and acquiring competitors?
too unrealistic, which can distract employees from the company's goals is a disadvantage of what?
This indicator represents the amount a lender charges an individual or business to borrow funds.
What is Interest Rates?
What is Worker's Compensation?
This is a great option for businesses beyond the startup period.
What is Venture Capital?
B Company sold $100 million in tractors last year. The total industry sold $200 million in tractors that same year. The B Company's market share in the industry would be what?
What is 50%
Increase profits. Diversify lead sources. Grow brand awareness are examples of what?
What are business goals?
When this indicator is low, consumer spending tends to be high because of more income to spend.
What is Unemployment?
A life insurance policy that a business takes out on its most valuable employee or employees.
What is Key Person Insurance?
The 5 most common sources of funding.
What are personal savings fund, business loans, friends and family, angel investors and venture capital?
The market share can be calculated by any of the following fiscal periods.