Which of the following statements about industries that attract small businesses are true and which are false?
Look at the following personality traits and determine if each is favorable or unfavorable for someone who wants to start a successful small business.
Imagine you read the following statements in newspaper interviews with different entrepreneurs. Use the drop down menu to indicate whether the information in each quote is generally associated with the success or failure of a small business.
As you plan for your own small business, youâ€™re making a list of possible pros and cons. Using the drop down menu, identify each statement as an advantage or disadvantage of small business.
You are about to prepare a business plan for opening a new soup and salad restaurant. Identify which of the following statements about a business plan are true and which are false.
Youâ€™re going to need either investors or a bank loan to help finance your new restaurant. For example, youâ€™ll be buying new kitchen equipment, as well as new dining furniture. Use the drop down menu to indicate which of the following questions investors and bankers are seeking to answer when they examine a new ventureâ€™s business plan.
Before you open your new restaurant, you decide to get outside advice about management and financing. Using the drop down menu, match each of these descriptions with the appropriate organization providing the assistance.
Instead of starting from scratch to open your own soup and salad restaurant, youâ€™re considering whether to work with Soup Today, a company that is offering franchises nationwide. Your first step is to investigate exactly whatâ€™s involved in franchising. Using the drop down menu, read each statement and indicate whether the franchisee or the franchisor is responsible for that action.
Before you make a decision about buying a franchise from Soup Today, use the drop down menu to identify each of the statements below as being an advantage for the franchisor or the franchisee.
After meeting with Soup Todayâ€™s top executives and visiting three of its franchisees, you jotted down some quotes. Using the drop down menu, select pro or con to indicate whether it is seen as an advantage or a disadvantage from the franchiseeâ€™s perspective.
You want to start your own small business. Which of these broad industry categories attract the most small businesses? Select all that apply.