Starting Your Own Business Flashcard

Front

What is the greatest driving power of an entrepreneur?

Back

Passion

Front

Why is it beneficial to start a business while still employed?

Back

To have a backup plan

Front

What kind of support do you need when starting your own business?

Back

All of the above

Front

When should you start building your network and getting clients?

Back

Before starting your business officially

Front

Why is creating a business plan important?

Back

To separate reality from expectations

Front

What should you research when starting your own business? Customer behavior, Your industry, Competition, All of the above

Back

All of the above

Front

Why should you seek professional help when starting your own business?

Back

To save time, To save money, To gain expertise.

Front

What is a critical part of your business success when starting your own business?

Back

Cash reserve

Front

What should you do to show professionalism when starting your business?

Back

Get a business card, Treat customers professionally, Have a website.

Front

Why is it important to solidify your legal framework when starting your own business?

Back

To avoid financial trouble, to protect your employees, and to comply with the law.