answers graded A+ 2025/2026
What should your first step be when creating a business plan? - correct answer ✔✔Determine
what type of service/business you wish to offer
How can you direct traffic to your website? - correct answer ✔✔a. SEO (Search Engine
Optimization)
b. Free Listings: Yellow Pages, Google, Yelp, CitySearch
c. PPC (Pay per Click)
D. All of the above
Finding out what the competition offers is critical. - correct answer ✔✔True
What are the steps to setting up a website? - correct answer ✔✔a. Register a domain name
b. Choose a hosting company
c. Find a web designer
d. Select content for the site
e. a, b and d
F. All of the above
What should you do when first forming a company? - correct answer ✔✔Speak to an
accountant and attorney to determine if a corporation, sole proprietorship or partnership is best
for your situation
, When building business relationships: - correct answer ✔✔Approach people from the
standpoint of how you can assist them
Joe's Dog Training Company sells $10K per month ($120K per year) worth of dog training. The
company's operating expenses are $5K per month. What are the yearly gross sales of Joe's Dog
Training Company? - correct answer ✔✔$120K
What is the yearly net profit of Joe's Dog Training Company? - correct answer ✔✔$60K
What is the monthly net profit of Joe's Dog Training Company? - correct answer ✔✔$5K
What is the monthly profit margin of Joe's Dog Training Company? - correct answer ✔✔50
percent
What are the types of community marketing? - correct answer ✔✔a. Topic-based seminars at
local shelters
b. Participating in a local radio show
c. Writing a newspaper column
D. All of the above
What should be done when creating a marketing strategy? - correct answer ✔✔a. Know whom
you're marketing to
b. Identify the geographic area you wish to service
c. Pick and match advertising that fits your budget and targets the group you wish to market to
D. All of the above
Why is tracking where business comes from important? - correct answer ✔✔You can effectively
determine if your advertising dollars are showing an acceptable return on investment