Questions from General Entrepreneurship

Q: How does a franchise work?

How does a franchise work?

Q: What is a chart of accounts? What activities does it list

What is a chart of accounts? What activities does it list? Be specific.

Q: What is the time value of money? Why is it important

What is the time value of money? Why is it important that an entrepreneur consider it?

Q: Summarize how a new small business person can manage the data flow

Summarize how a new small business person can manage the data flow for the new small business.

Q: What is just-in-time inventory? What does it

What is just-in-time inventory? What does it accomplish?

Q: Why is it important to identify the standard elements of a new

Why is it important to identify the standard elements of a new business?

Q: Compare and contrast grants and loans. Discuss the advantages and disadvantages

Compare and contrast grants and loans. Discuss the advantages and disadvantages of each type of fund source.

Q: Which of the four classic techniques used to measure a firm is

Which of the four classic techniques used to measure a firm is the most important to a business owner? Discuss why.

Q: What is ratio analysis?

What is ratio analysis?

Q: What does a survey reveal about competitors? What does it reveal

What does a survey reveal about competitors? What does it reveal about a competitive advantage?