Basics of Business

Match it! Select the correct answer from the pull down...Good luck!

What could cause a new business to run short on cash during its first year?

What could cause a new business to have very few sales in the first year?

Which personal characteristic reflects that a successful entrepreneur develops a plan of action and makes decisions to help achieve that plan?

Which part of a business plan would the entrepreneur state the target audience?

Collecting, reviewing, and interpreting surveys are a part of what stage of the entrepreneurial process?

Which part of the business plan gives a short description of the key points of the plan?

Seeking people and companies to invest in your business venture is a part of what stage of the entrepreneurial process?

Preparing a business plan, renting a store, and creating a website are all part of what stage of an entrepreneur?