Exam 34: Running Your Own Business

Before making the decision to work for yourself, you need to determine if you have the characteristics of a successful ____.

A ____ is chartered by a state-often, but not always, the state in which it is located.

Good ____ skills are the foundation of promoting and marketing your business.

____ is the task of promoting and selling your product.

Before you choose your market, you must evaluate the competition.

Having a ____ answers many of the questions that will arise in the course of starting your business.

A ____ is the easiest and least expensive business structure to set up and dissolve.

To build a successful business, you must build a ____ for being a good craftsperson, one who is honest and dependable.

It is very important to put details in writing when providing your customers with an estimate or when they place their order.

Being a highly skilled craftsperson by itself can make you successful as an entrepreneur.