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After mastering I.84, your students should be able to answer the following questions:
- What is the basis of a small business?
- Why might someone want to start a small business?
- What might someone not want to start a small business?
- What are some common mistakes beginners make when starting their own businesses?
- What are the four major types of businesses?
- Internet-based services
- Retail sales
- Service-based
- Business-to-business sales
- What are some sources of information on market research?
- What are some things to consider when doing market research?
- When doing a market analysis, what should be determined?
- Product/service to be provided
- Price
- Place of business
- Promotional ideas
- What should you consider when naming a business?
- What is a name search and why should you do it?
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