bo-module 6
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
|
|
||||
|---|---|---|---|---|---|
| Does operating a franchise cost money? | Yes
🗑
|
||||
| Should you assign names to worksheets that are meaningful to you? | Yes
🗑
|
||||
| What’s the type of business ownership that is a separate legal entity from its owner? | Corporation
🗑
|
||||
| What’s an advantage of buying an existing business? | Policies and procedures are already established
🗑
|
||||
| What's one advantage of buying an existing business? | Banks are less likely to lend to a new owner.
🗑
|
||||
| What’s one advantage to a partnership agreement? | identifies salaries to be withdrawn by each partner
🗑
|
||||
| What is one advantage to a franchise? | they can offer only certain products and must charge prices set by the franchiser.
🗑
|
||||
| What is the purpose of determining your interest and abilities? | this determines what you want your business to be about
🗑
|
||||
| Financially, is it easy for entrepreneurs to purchase a business? | No
🗑
|
||||
| What are considered expenses? | food, electric, phone and entertainment
🗑
|
||||
| When buying a business should you have an accountant write the sales contract? | No
🗑
|
||||
| What is one advantage of owning a franchise? | some profits must be returned to the franchisor as royalty fees
🗑
|
||||
| What’s the difference between an S Corporation and a regular corporation? | An S corporation is not taxed as a business
🗑
|
||||
| Are banks less likely to lend to a new owner? | No
🗑
|
||||
| Do franchise owners have an established product or service and are not dependent on the performance of other franchises in the chain? | No
🗑
|
||||
| Does a partnership agreement identify the salaries to be withdrawn by each partner? | No
🗑
|
Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Created by:
MandyWatts
Popular Miscellaneous sets