Company Registration
This business structure is taxed for profits and is liable for any debts or judgments.
What is a corporation?
The ability to accurately convey. Both verbal (or spoken) and written skills are important.
What is communication skills?
A clear, concise and compelling way to describe a business concept in 30 seconds.
What is an elevator speech?
A projection of your company's financial performance.
What is a pro forma?
The ability to interact in a friendly and effective way with unfamiliar people.
What is Comfort Engaging with Strangers?
Computer portal that allows entrepreneurs to learn which forms they need to file and determine other gov't agencies they may need to interact with.
Commitment to get something done.
What is determination?
How a business communicates to large numbers of customers.
What is marketing?
Things your company sells.
What are "units"?
The ability to use computers for basic tasks.
What is computer literacy?
The federal agency that collects federal taxes and performs audits.
What is the Internal Revenue Service?
An individual's self-commitment to overcome obstacles to achieve long-term goals.
What is grit?
Treating stakeholders as the entrepreneur would hope others would treat him/her.
What is fairness?
Fixed costs plus variable costs.
What are total costs?
Abilities an individual develops that help him/her succeed.
What are Personal Capabilities?
Required forms that a company must complete and submit to the appropriate government agency.
What are legal filings?
A person who coaches and supports an entrepreneur.
What is a mentor?
Non-physical assets created by individuals or companies that hold the exclusive legal right to commercialize.
What is intellectual property?
Costs that vary somewhat based on the number of units you sell.
What are semi-variable costs?
The state agency that collects state taxes.
What is the Louisiana Department of Revenue?
A special type of corporation where individual owners are taxed on the profits of the company, but the corporation is liable for debts or judgments against the company.
Relationships and resources that help individuals succeed.
The practice of operating openly and communicating fully, providing stakeholders with a clear understanding of how your enterprise operates.
What is transparency?
Costs that do not vary based on the number of units sold?
What are fixed costs?
When two or more individuals own a company.
What is a partnership?