Growing Your Business Growing Your Business Quiz Once you've watched all of the Growing Your Business Masterclass above, take the quiz and receive a certificate to prove you've passed! Fill in your details for the certificate and click NEXT to continue... GOOD LUCK! Your Name Company Name 1. What is the biggest thing to work on at the start of growing a business? Tools Mindset Health Suppliers 2. Which point in time do you need to embrace? Yesterday Tomorrow Today Next week 3. In business, it's important to remember your _______ ? Why What How Where 4. What will expand a lot as you grow your business? Your family Your friends Your ego Your network 5. Who ultimately benefits from your processes? Them You Us Others 6. What do processes NOT improve? Day to day management of tasks Time spent completing tasks Communication with everyone Your degree of creativity 7. What should you consider changing as your business grows? Nothing Your why The experts supporting you Your company name 8. What's an important question to ask when considering using systems? Is this the best solution for my business? Which are the cheapest? Which are the most expensive? Which one has the most features? 9. What should you consider when you become too busy? Quitting everything Outsourcing certain tasks to experts Working instead of sleeping Rushing things and being careless 10. What is NOT an advantage of outsourcing? Don't have to make any decisions More cost effective use of your time Quality of end work is higher Don't spend time on unenjoyable tasks 11. Which 3 things would you focus on as a business owner for effective outsourcing? Systems, Branding, Marketing Communication, Sales, Systems Processes, Processes, Processes Processes, Communication, Control 12. When expanding your offering, you need to remember that everything has a _______ ? Shelf-life Process Cost System 13. What is NOT a consideration when expanding your offering? Time Cost Your why Your friends 14. Remember, when expanding your offering, there is no _____ ? Impact Rush Cost Point 15. What should you do after you've expanded your offering? Refine and evaluate Do it again as quickly as possible Change all your systems Introduce new processes Time is Up! Time's up
