Creating a Business Plan - Basics Reading Quiz QUESTION 9 of 10: True or False: A business plan should avoid talking about the key personnel and focus only on hard facts about the market and execution plans. a) True b) False Submit ©2023 Knowledge Matters, Ir
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Business Plan Math Reading Quiz QUESTION 5 of 10: Starting a company in which you only spend money that is absolutely necessary at each point in time is called a: a) Lean startup b) Sole proprietor c) Growth startup Submit S2024 Knowledge Matters, Inc.
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BUSSHART KM - BUSINESS PLAN MATH
9th - 12th grade, professional development, business.
10 questions
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What is an example of an initial expense?
Advertising
License fees
What is an example of a monthly, recurring expense?
Lease down payment
Which type of company only spends money when absolutely necessary?
Efficient Startup
Thin Startup
Lean Startup
Low Startup
According to the guideline in the reading, when creating your business plan, how many months of expenses do you need funding for?
What is the term used to describe the point where your revenue equals your expenses?
Tipping point
Satisfaction point
Breakeven point
Nexus point
An accurate assessment of total start-up costs will allow the business owner to create:
Expense report
Neither choice above
A tool to help make a budget quicker and more accurate is:
Ruler and paper
Spreadsheet software
What is the description of each axis on a breakeven chart?
Profit and volume
Sales and expenses
Direct costs and indirect costs
True or False: Net profit is greater than gross profit.
The rate at which a business increases revenue from sales is:
Growth percentage
Net profit percentage
Gross profit rate
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Study with Quizlet and memorize flashcards containing terms like Breakeven volume, Budget, Direct costs and more.
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Business Plan Math Reading Quiz QUESTION 8 of 10: According to the guideline in the reading, when creating your business plan, how many months of expenses do you need …
Business Plan Math Reading Quiz QUESTION 3 of 10: What is an example of an initial expense? a Ren...
Creating a Business Plan - Basics Reading Quiz QUESTION 9 of 10: True or False: A business plan should avoid talking about the key personnel and focus only on hard facts …
Business Plan Math Reading Quiz QUESTION 8 of 10: According to the guideline in the reading, when creating your business plan, how many months of expenses do you need …
Business Plan Math Reading Quiz QUESTION 5 of 10: Starting a company in which you only spend money that is absolutely necessary at each point in time is called a: a) Lean startup b) …
BUSSHART KM - BUSINESS PLAN MATH quiz for 9th grade students. Find other quizzes for Professional Development and more on Quizizz for free!
Income from sales of your product or service. Startup costs. The total cost required to start and operate your business for a certain period of time (typically 6 months). Study with Quizlet and …