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ESB Test Questions and Answers (Graded A+)
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  • ESB
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  • ESB

A well-conceived business plan benefits which 2 groups the most. - ANSWER-Investors and Owner 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 ove...

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  • November 6, 2023
  • 2
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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  • esb test stuvia
  • esb test questions and answers graded a
  • a well conceived business plan benefits which 2 gr
  • a landscape architect wishes to start his own busi

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ESB Test 2023-2024 Questions and
Answers (Graded A+)

A well-conceived business plan benefits which 2 groups the most. - ANSWER-Investors
and Owner

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 Cs (three) - ANSWER-Customers,
capital, concept

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

Identify the characteristics of entrepreneurs - ANSWER-Creative, Determined,
Enthusiastic

type of management that involves the group and facilitates teamwork - ANSWER-
participating

Identify the risk - ANSWER-The process of determining which risks may affect the
project and documenting their characteristics.

A corporation and its shareholders 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 best fit his needs? - ANSWER-Limited Liability Company
LLC

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