This quiz will test you on the main concepts for portion of the of the course. These questions comprises a combination of matching, true/false, and reorder questions. Answer all the questions and click on the “Finish Quiz” button below. You will have unlimited attempts and no time limit, but a total scoring of 80% will be required before you can complete the course.
Quiz 2/2- Start a Business in B.C.
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Question 1 of 4
1. Question
Match the organization with the correct description
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- Exist to help female entrepreneurs or majority female-owned with loan program and mentorship
- Loan programs created specifically for small businesses such as Be My Own Boss
- Helps entrepreneurs aged 19-39 yrs old with loan programs and mentorship
- Offers loan programs in collaboration with financial institutions
- A financial institution devoted to help Canadian entrepreneurs across Canada
- Offers business loans and services and comprises of 34 offices throughout rural British Columbia.
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Women Enterprise Centre
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Vancity Credit Union
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Futurpreneur
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Canada Small Business Financing Program
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Business Development Bank of Canada
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Community Futures British Columbia
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Question 2 of 4
2. Question
Of the three business structures available, sole proprietor is the quickest to set-up, least expensive to register and easiest to maintain. Is this statement true or false?
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Question 3 of 4
3. Question
Rearrange the basic legal steps into the correct chronological order when registering your business with the province of B.C.
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Business registration
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Determine appropriate business structure
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Business name request
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Question 4 of 4
4. Question
You register your business with the municipality your business resides in and then pay for the business license with BC Registry Services (Onestop). Is this statement True/false?
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