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A course that equips entrepreneurs with essential skills and strategies to effectively manage and grow their small businesses while mastering the art of sales.
A partnership created by two or more companies for a specific purpose over a set period of time is called a(n):
Whose mass market electric car is called the leaf?
It is often very difficult for small businesses to find suitably premises for rent. The rents might be initially very high.
Small business support networks are general features of small businesses
Listening to feedback from customers is important in any business
choosing the right business partners is a critical success factor for new businesses.
There are three requirements necessary for a company to pay out dividends. They are:
[BLANK] taxation occurs when profits of a business are taxed at the entity level before profits are distributed to owners, distributions are reported on the individual tax returns as dividends and are taxed a second time.
Which of the following is a financial statement used to indicate how successfully the business performed during a period of time?
Which one of the following scenarios would most likely describe the accounting personnel for a small business?
Management of the assets and liabilities of the business is not a difficult task.
Selling and shipping products to another country is called:
High failure rate are mistakes to many owners of small businesses
Small Businesses are not the backbone of the economy.
Remington provided the following information about its balance sheet. Based on the information provided, how much are Remington's liabilities? Cash = $100Accounts receivable = $500Stockholders' equity = $700Accounts payable = $200Bank loans = $1000
If you were going to be creating a Facebook ad, what would be the best way to start?
Decision – making: is less formal and more personalized
What is a Sukuk?
What is the term used to define a computer that is accessed by a remote attacker and set up to forward transmissions (including spam and viruses) to other computers on the Internet. The purpose is usually either financial gain or malice?
Small businesses ownership do not gives the independence and the freedom not enjoyed in the corporate world.
I do not need to put together a contract with my factory. I should just let them do what they think is best and assume it will work out.
Company XYZ Inc has variable costs associated with delivering widgets to customers. In December, delivery driving went up 30%. Total variable costs for December increased by:
Small businesses are not a good risk are the biggest challenge in securing external credit by small businesses
Which of the following is NOT one of the 3 main business activities?
Wholesale is when you sell your items at full price directly to customers.
Assets minus liabilities equals…
this is mainly from personal savings, relatives at the initial stages and some secured credit later if the business is growing.
Whois the author of a book titled 10-10-10?
Small businesses do not have economies of scale, the ability to cut costs by increasing production.
Email List is not a good area of marketing because you might loose all your contacts one day.
What is the method used to determine the minimum sales volume needed to cover all costs?
To identify consumer markets, you have to be aware of:
Putting an ad in the news paper is a form of digital marketing.
A certified public accountant is called?
What are the primary purpose of internal controls in accounting and financial reporting?
Being proactive is as important as being reactive in the world of PR (public relations).
The point at which consumers buy all of a product that is supplied is called:
When income is greater than expenses, there is…
In bookkeeping, if you have limited purchases and/or sales and they come out of one bank account, this is called:
Lead time is the time that it takes for a mill to create your fabric and send it to you.
For accounting and financial reporting purposes, smaller businesses...
What is double entry accounting?
Which of the following is a liabilities account?
In the basic accounting equation, Assets= Liabilities + ________?
Nordstrom is a luxury retailer brand in which country?
A company that handles overseas shipments for a fee is called a(n):
Which of the following is considered an external user of accounting?
Indulge in Style is the base line of which automobile brand?
Identify and serve customers who are likely to patronize your business more often.
One of the risks of being in business for yourself is:
The amount of money one puts into a business is called a(n):
Money left over after all expenses of running a business have been deducted from income revenue is:
The cost of maintaining and operating a business is called?
Which of the following is NOT a type of cost?
What is the country of origin of Aegon which has a tie up with Religare in India for Insurance?
essential in a factor in the beginning a life of a new business
Easier record management because of the fewer transactions compared to large businesses. Thus, most accounting responsibilities are highly manageable.
Which is the most important feature of bookkeeping?
Which of the following are examples of digital marketing.
A mill will always sew my garments for me.
MOQ stands for
It is essential part of buying inventory, paying employees, marketing the business, buying or repairing business tools and paying his own salary.
Most small business operators do what they enjoy or love doing as the business may be out of a hobby or part- time job
Which of the following refers to organized summaries of business's financial activities?
When expenses are more than income, it's a…
Food-related businesses continued to grow modestly last year, particularly in what area?
A privately, independently owned, managed, and operated for profit
Neighborhood loyalty.
Which of the following is included in the content for reports for Managerial Accounting?
What are the three components of manufacturing costs?
Small businesses provide employment to people who want to work near their homes and to spend time with their families.
Which of the following is a financial statement used to indicate how successfully the business performed during a period of time?
There is no hierarchical boundary in levels of management or decision
The location of my factory should not impact my decision if I use the factory or not.
Joe is a manager of a local business. He is faced with an ethical dilemma in the accounting department. According to the three steps to follow when facing ethical dilemmas, which of the following is NOT a step he should follow to analyze the situation?
Which of the following is typically the budget that is prepared first?
If I am working out of my house sewing items, I do not need insurance.
SEO stands for:
How is the money that a company earns called?
They act as competitors to larger firms which will help improve their efficiency and lower the prices offered to the consumers.
Which of the following is NOT considered a primary management function?
FeelMe and Patent Club are whose fashion brands?
the blueprint you should use to operate your business
On the Job Learning are general features of small businesses
The best way to build content that will improve your SEO within your website would be to:
Which of the following would not be held personally liable?
What is an example of a charge back.
Which of the following is an expense account?
Small businesses have the ability to better connect with the __________ since many customers are suspicious of big business.
What term is used for day-to-day dealings that involve the exchange of goods and services for cash?
Second in sales growth with an 11 percent gain are offices of non-physician health practitioners such as
An individual who undertakes the creation, organization and ownership of a business is called (an):
The seller of a franchise is called a:
Lack of commitment / Inability to Commit are some mistakes to many owners of small business
During 2011, Softball Kingdom had its assets decrease $50,000. Which of the following transactions would ensure that the basic account equation would balance?
If a factory knows how to sew one thing, then they can pretty much sew anything.
Which of the following is NOT a reason a company would hold Treasury Stock for future use?
Small businesses employ just over half of all private-sector workers, according to the Small Business Administration, and they generated what percent of all net new jobs over the past 15 years
Which of the following is NOT a measure of liquidity?
A sole proprietor is entitled to 100% of the business profits
Choose appropriate location for your business.
The _____________ must be independent in terms of ownership and operation.
Which of the following is a period cost?
In the basic accounting equation, Assets= Liabilities +?
When did the BSE Sensexreach its all time high of 21206.77?
All of the following are benefits of budgeting EXCEPT:
Lack of access to markets and procurement
What is referred to as "borrowed for personal use"?
Facebook is the best choice to use if you have a young target market and you want to show them photos.
Amongst the following, who is considered an external user of accounting?
If a small change in the price of an item causes a significant change in the quantity demanded, we say that the demand for the item is:
If you trademark a a business name, it will be good in Canada for 25 years.
Fueled by federal money from the stimulus bill, environmental jobs are forecast to grow in the coming year. What job would best be an environmental job?
MV Nair is the Chairman ofwhich Bank?
What does PK stand for?
How often are reports created in managerial accounting?
Which of the following is a characteristic of a corporation?
Which of the following is NOT a function of a journal entry?
Which of the following is put in place to protect a consumer from a business causing harm to either themselves or their property?
To find local small businesses in your sector that are hiring, what is a good strategy?
In 2013, XYZ Inc had sales revenues of $400,000, costs of goods sold: $310,000, and operating expenses of $60,000. What is the gross profit?
In market research, primary data is second hand information that was already existing that you collected.
Which term describes an amount owed by a business?
Having no sales plan are common mistakes to many owners
The _ _ _ _ _ _ _ _ is a large computer network that links smaller computer networks worldwide.
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