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ESB test Questions and Answers 2023
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ESB test Questions and Answers 2023A well-conceived business plan benefits which 2 groups the most? owners and investors A landscape architect wishes to start his own business constructing custom water features. This is his first venture and requires assistance drafting a business plan, sec...

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  • May 16, 2023
  • 2
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers

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  • esb test questions and answers 2023
  • a well conceived business plan benefits which 2 groups the most owners and investors
  • a landscape architect wishes to start his own business constructing custom wat

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  • ESB
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ESB test Questions and Answers 2023
A well-conceived business plan benefits which 2 groups the most? - answer owners
and investors

A landscape architect wishes to start his own business constructing custom water
features. This is his first venture and requires assistance drafting a business plan,
securing capital, and receiving overall general guidance. What agency should he go to
first? - answer SBA- Small Business Administration

All good business plans should address which of the following Cs? (Three) - answer
Customers, Capital, Concept

In writing a business plan, which part makes the most sense to put in the description? -
answer Target Markets

Jane owns a food truck and wants to purchase two more food trucks to expand and
reach more clients. Of the business plan types, which three are best suited for
investors? - answer Investors Business plan, Executive summary, Oral presentation

A corporation and its share holders all pay taxes. What corporate structure do these tax
implications define? - answer Corporation

Paul must pay self-employment tax due to the legal structure of his business. This
means that Paul's business has a(n) _______ structure - answer Sole Proprietorship

A yoga instructor with no partners or employees wishes to protect himself from lawsuits.
Which legal structures would fit his needs? - answer Limited Liability Company LLC

An individual owns a dog grooming business and must pay employment tax on
individual earnings. Which tax structure would be applicable? - answer Corporation

Which are two benefits of using angel investors to help start a business? - answer A.
Angels often accept a lower return on investment
B. Angel investors typically do not except to be paid until the business begins making
money

Variable cost - answer credit card processing

Variable cost - answer products sold for customers to take

Fixed cost - answer monthly lease of credit card machine

Fixed cost - answer weekly advertising in a local newspaper

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