There will be a quiz on Chapter 5 on Monday. Here is the review:
Know what a Small Business is by definition.
The benefits of home based small businesses.
The drawbacks of home based small businesses.
The three contributions of Small Businesses to the economy.
Three reasons by small business fail.
What is the SBA?
What is a Franchisee and a Franchisor?
Two benefits of Franchising.
Two problems of Franchising.
3 Forms of Ownership.
Good luck!
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