Top Business Plan Quizzes & Trivia

No business can start without a good plan. A business plan serves as the foundation to any business and can help it in its most difficult moments. Business Plans have historically been given a huge importance and in the present day this is true as well. So let us see if you can answer a few basic questions about business plans. As always, we give you a few sample questions before the main trivia begins.

A business plan is a formal statement of business goals, reasons they are attainable, and plans for what? When the existing business is to assume a major change or when planning a new venture, how big should the business plan be? Externally focused plans target goals that are important to external stakeholders, particularly who? These are just the beginning. More questions will follow soon.

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  • What is the speakers business idea?
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  • What does the expression "to be in the black" mean?
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  • What was the first thing Steve said need to be done?
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  • Why complete a Business Plan?
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  • Which section is completed last?
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  • According to research, without a business plan firms are more likely to close down.
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  • My business plan was written for a clearly identified and understood target market
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  • My pricing and channel to market assumptions have been validated by channel partners and/or customers.
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  • My business plan clearly identifies the value proposition from a customer or channel perspective.
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  • On a prelim - what requirement code needs to be shown if the vestee is a LLC?

  • On a commitment, what preprinted requirement codes need to be marked if the vestee is an inactive partnership? (Choose all that apply)

  • Trusts need to be ran in the business registry.