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The Ultimate Guide to Launching a Profitable Small Business Exam Answers

The Ultimate Guide to Launching a Profitable Small Business Exam Answers

 

  • •This exam has 30 questions.
  • •You will have 30 minutes to complete the exam.
  • •You need to score at least 60% to pass.
  • •This exam and certification are 100% free.
  • •You have a total of 2 attempts to pass, then in 30 days, you’ll get 2 more.

 

Exam URL: https://www.semrush.com/academy/courses/ultimate-guide-launching-profitable-business/

 

Questions:

  1. You should separate your banking accounts between personal and business
  2. What Semrush tool can you use to research your business category and competition?
  3. Choose six elements of a good business plan.
  4. Fill in the blank: All business have _______ and ________
  5. What is an easy way to validate your business idea?
  6. When structuring a business legally, most SMBs go with:
  7. When choosing a color palette for your business
  8. Your domain name should be long, but memorable
  9. Should you pick a keyword rich domain name or a branded one?
  10. When gathering design inspiration for your new website
  11. What free WordPress plugin will help you create your website?
  12. What marketing tactic gives you the best results for the least amount of effort?
  13. When optimizing your pages for SEO, aim for 100-150 words
  14. Which Semrush tool can help you analyze your writing and keywords?
  15. Uploading a video on YouTube with your keyphrase and embedding it on your website will hinder your Google rankings.
  16. What is the most important factor for ranking in Google Maps?
  17. Adding additional business categories to your profile will dilute your ranking potential.
  18. What are the three most important elements of your Google Business Profile that are within your control?
  19. What tool will help you generate a unique Google review link?
  20. What are some good places to share your Google review link or QR code? (check all that apply)
  21. Google’s guidelines strictly enforce not incentivizing reviews
  22. When is the best time to ask a customer for a review?
  23. What ratio should your education and sales content output be?
  24. Content marketing is sales driven
  25. Which stage of the sales funnel should your content encourage leads to convert?
  26. For every $1 you put into your email marketing, how much can you get back?
  27. Why is it a good idea to clean out your email list every few months?
  28. What is a great way to get a lot of attention fast on social media?
  29. What should you be sharing on your LinkedIn feed? (check all that apply)
  30. How much money should you spend on a video ad?

 

When structuring a business legally, most SMBs go with:

By

When structuring a business legally, most SMBs go with:

 

  • Partnership
  • Limited Liability Company (LLC)
  • Corporation
  • Sole proprietorship

 

Explanation:

Limited Liability Company (LLC) is a commonly chosen legal structure for SMBs as it provides liability protection and flexibility in taxation.

 

What is an easy way to validate your business idea?

By

What is an easy way to validate your business idea?

 

  • Test it on the market for at least 90 days
  • Offer your product or service free to a small group of people
  • There isn’t an easy way to validate a business idea
  • Conduct a simple social media poll with your followers

 

Fill in the blank: All business have _______ and ________

By

 

Fill in the blank: All business have _______ and ________

 

  • Public and Private Investors
  • Purpose and a Sense of Community
  • Opportunity and a Competitive Nature
  • Personality and a Point of View

 

Choose six elements of a good business plan.

By

Choose six elements of a good business plan.

 

  • How you will make money
  • How you will acquire your customers
  • How you plan to give back to your community
  • The type of people you plan on hiring
  • What you’ll be providing
  • How you plan on funding your business
  • Overview of the business
  • Who you customers are

 

What Semrush tool can you use to research your business category and competition?

By

What Semrush tool can you use to research your business category and competition?

 

  • Keyword Overview
  • Market Explorer
  • Site Audit
  • Topic Research

 

Explanation:

Market Explorer is the Semrush tool that you can use to research your business category and competition. It provides you with a comprehensive analysis of your competitors’ online presence, including their online visibility, search rankings, audience demographics, and backlinks. This information can help you develop a winning SEO and marketing strategy to improve your online performance and stay ahead of your competitors.

 

You should separate your banking accounts between personal and business

By

 

You should separate your banking accounts between personal and business

 

  • False

 

  • True

 

Explanation:

Separating personal and business banking accounts is an important practice to help keep your finances organized and make it easier to manage your expenses and taxes. By keeping your personal and business transactions separate, you can also avoid any potential confusion or legal issues. It’s recommended that small business owners should have a separate bank account specifically for their business.