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Business Planning Fundamentals Test
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Business Planning Fundamentals Test
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25 Questions

1. Financial Projections are done before Market Analysis and objectives are set. True or False.
2. One common method for selecting prices is called Cost Pricing Strategy. This means:
3. Which should NOT be included in an executive summary?
4. What does Market Share mean?
5. Estimating capital requirements is important for the:
6. The Purpose of the Company Description in the Business Plan is:
7. An appendix may include:
8. What is the post-money valuation for a $1.5 million round of investment when the equity stake offered is 25%?
9. True or False? A business plan should only focus on short term objectives
10. SWOT Stands for
11. What is the first section in a traditional business plan?
12. International sales can be hampered by:
13. The first thing to assess in your market analysis is the:
14. True or False: The Market Analysis of your business plan should illustrate your industry and market knowledge as well as any of your research findings and conclusions.
15. When requesting funding it's important to be clear on:
16. Ratio and Trend Analysis can help to create a better picture of profitability and growth potential. True or False
17. A good way to analyze the external environment is with a(n):
18. Potential creditors will often be interested in gaining collateral before lending. True or False
19. True or False: A partnership is normally run by one entreprenuer
20. In a business plan the Funding Requests portion should include:
21. Financial Statements Include
22. In the Competitive Analysis It's important to include:
23. What is not included in variable costs?
24. What does the 'T' stand for in SWOT analysis?
25. The 4Ps are also known as:

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