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Certificate Course: Login 		spacer
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Session 1: Deciding on a business

Session Quiz

  1. Which of the following actions must always be taken to become a successful entrepreneur?
    2.

  2. The most common and biggest mistake made by entrepreneurs is not having sufficient money.

  3. Which one of the following is NOT a good reason to consider starting a moonlight business?

  4. Let's say that you are looking for some overall guidelines for picking a business. Which one of the following answers would be a good decision?

  5. Realizing that there are no hard and fast rules, generally speaking, which of the following businesses would be easier to start and command better pricing power?

  6. In most cases, the very best way to become qualified in a business you intend to open is to:

  7. Starting a "hollow corporation" means:

  8. You have always dreamed of opening a hardware store but now that you're ready to start, you realize that the Home Depots of the world would be too hard to challenge. You should:

  9. What is the single most frequently made mistake that leads to failure?

  10. A service business is less subject to price competition than a product business.

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spacer Deciding on a business | The business plan | Home based businesses | Financing the business | Business organization | Licenses and permits | Business insurance | Communication tools | Buying a business or franchise | Location and leasing | Accounting and cash flow | E-Commerce | Opening and marketing | Managing employees | Expanding and handling problems

Getting financial controls in place | Getting your team in place | Customer feedback | Achieving lowest expenses | Develop negotiating skills | Alternatives for capital allocation | E-commerce | Growth by duplication | Vertical integration | Franchising your business | Global expansion | Buying businesses | Public ownership | Selling your business | Considerations for family succession

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