B03 - Micro Business for (Ohio) Teens – Part 1
Q.1
According to Carol Topp, CPA and author, what is a Micro Business?
A very small business
A computer business
A low risk business
Both A very small business and A low risk business
Q.2
Ms. Topp discussed advantages of starting your own micro business. Of the items listed below, which is an advantage to starting a micro business?
Learning business skills
Learning how to manage money
Learning time management skills
All of the above
Q.3
Why did Philip Santoro, owner of FreeForums, decide not to sell his company, for $750,000, to an interested buyer?
He did not feel he had lived up to his vision for his company yet
The offer was not quite what he expected
He was having fun
All of the above
Q.4
When Philip Santoro started his micro business, what was one skill he lacked experience in?
Finding mentors
How to file taxes
How to use technology
Having the desire to help customers create forms
Q.5
Another video featured Ethan who started a guitar lesson micro business. What was the greatest lesson Ethan learned through his business?
How to play a guitar
How to teach a guitar lesson
How to manage money
None of the above