Q. What is the first question that needs to be answered when you are planning to start a business in NYC?

• What is your product or service?
• Do you have a business plan?
• How much is your capital?
• What are the documents needed?

Q. What is the first question that needs to be answered when you are planning to start a business in NYC?

• What is your product or service?
• Do you have a business plan?
• How much is your capital?
• What are the documents needed?

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Q. What is the most common reason why more people can't start a business in NYC?

• lack of knowledge
• lack of capital
• lack of product to sell
• lack of services to offer

Q. What is the most common reason why more people can't start a business in NYC?

• lack of knowledge
• lack of capital
• lack of product to sell
• lack of services to offer

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Q. What is the easiest way to ease the financial burden?

• Apply a business loan
• Find investors for your business
• Save money for your dream business
• Wait for your retirement money

Q. What is the easiest way to ease the financial burden?

• Apply a business loan
• Find investors for your business
• Save money for your dream business
• Wait for your retirement money

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Q. How many types of investors are there?

• 1
• 4
• 2
• 5

Q. How many types of investors are there?

• 1
• 4
• 2
• 5

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Q. Most such investors will look for you to put up at least ______________.

• 50% of the start-up costs
• 70% of the start-up costs
• 20% of the start-up costs
• 60% of the start-up costs

Q. Most such investors will look for you to put up at least ______________.

• 50% of the start-up costs
• 70% of the start-up costs
• 20% of the start-up costs
• 60% of the start-up costs

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Q. Commercial banks will lend money without seeking ___________.

• business plan
• equity interest
• other investors
• low interests

Q. Commercial banks will lend money without seeking ___________.

• business plan
• equity interest
• other investors
• low interests

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Q. Banks will usually ask for ______________?

• a collateral
• approvals of other banks
• credit cards that you own
• your other investors

Q. Banks will usually ask for ______________?

• a collateral
• approvals of other banks
• credit cards that you own
• your other investors

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Q. What is SBA?

• Small Business Agency
• Small Business Assistance
• Small Business Assistant
• Small Business Administration

Q. What is SBA?

• Small Business Agency
• Small Business Assistance
• Small Business Assistant
• Small Business Administration

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Q. SBA provides ___________.

• business plans
• loan guarantees
• business approvals
• business license

Q. SBA provides ___________.

• business plans
• loan guarantees
• business approvals
• business license

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Q. There are ____ basic structures that you can use for your business.

• 3
• 2
• 4
• 5

Q. There are ____ basic structures that you can use for your business.

• 3
• 2
• 4
• 5

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