Choctaw Nation
Small Business Development
Choctaw Nation
Small Business Development
Register
Resources
Training Materials
Business Directory
News
Business Centers
Durant Chahtapreneur Business Center
Idabel Chahtapreneur Business Center
About
About CSBD
Staff
News
Contact
Resources
Online Training
How to Write a Business Plan
Name
*
First
Last
Email
*
1. Within 5 years of operation what percentage of businesses fail?
*
70%
10%
90%
20%
2. Define your vision is the #1 step in writing a business plan?
*
True
False
3. Demand should be more than the market?
*
True
False
4. What step # is "Know your customer?"
*
3
4
5
2
5. Name the major reason a business may fail?
*
Inadequate product
Lack of a business plan
Poor logistics and cost management
Poor customer service
6. Are there 9 steps to consider when writing a business plan?
*
False
True
7. Which step is the most important part in making your business plan?
*
Set marketing goals
Know your market
Take action
Research the demand for the business
8. Out of the 10% of businesses that last the first 5 years how many stay in business?
*
1
3
5
4
9. Are customers the most important part of your business?
*
False
True
10. A business plan needs to give direction and focus?
*
True
False