complete solution
When choosing a name for your dog training business, it should:
a. Indicate the services you are offering
b. Not belong to anyone else
c. State who you are
d. Be memorable
e. A, B & C
f. All of the above - correct answer ✔✔f. All of the above
Which of the following is not a key factor in creating a good logo?
a. Friends and colleagues should like it
b. It needs to be distinctive
c. The colors need to be garish to stand out
d. The font should be easy to read
e. It should convey your business purpose - correct answer ✔✔c. The colors need to be garish
to stand out
When selecting a legal business entity, which of the following should you do?
a. Choose the easiest to set up
b. Research the pros and cons of each type to determine which one is best for you.
c. Choose the same type as your competitors
d. Choose the least-expensive to set up
e. A and C
, f. B and D - correct answer ✔✔b. Research the pros and cons of each type to determine which
one is best for you.
Before writing your business plan, it is important to identify:
a. The services you will provide and their pricing
b. Who your potential clients are and how you will reach them
c. Your clients' needs and how you will meet them
d. How you can make your business distinct from your competitors
e. A, B & D
f. All of the above - correct answer ✔✔e. A, B & D
David is setting his business up as a sole proprietorship with the name Gold Star Dog Training.
This is an example of DBA, which means:
a. Dog Business Association
b. Doing Business About
c. Doing Business As
d. Dog Business As - correct answer ✔✔c. Doing Business As
Which of the following topics are not part of a marketing plan or marketing strategy?
a. Gaining market share
b. Growing your business
c. Purchasing equipment
d. Reaching customers
e. Selling your services - correct answer ✔✔c. Purchasing equipment
Determining how you will gain market share, grow your dog training business and reach
customers is which component of a business plan?