Business Readiness Self-Assessment Test
Below is a business readiness self-assessment test which will help you think about the task of building a successful new business. The test questions will help you begin the following steps in starting your own business. These steps are:
IMPORTANT: Please CLICK on the box beside your answer choice. At the end of the test, you can CLICK on SUBMIT to receive your score. You can then follow the link to the test results page to assess your score.
- Identify your idea for a business.
- Analyze your motives for wanting to start a new business.
- Identify your personal characteristics/traits.
- Evaluate the market for your product or service.
- Determine your financial needs.
- Prepare a business plan.
- Assemble a team of experts to assist you.
- Implement the business plan.
- Never stop learning and asking questions.
To interpret your score please follow this link.
This personal business questionnaire was developed and adapted (partially) from the following sources:
The University of Georgia Business Outreach Services/Small Business Development Center, Starting Your Own Business, University of Georgia, Athens, GA, 1977 pp.9-16.
Buskirk, Richard H., and Percy J. Vaughjn, Jr. Managing New Enterprises.
West Publishing Co., St. Paul, MN, 1976, pp.vi-viii.
Mancuss, Joseph. The Entrepreneurs Handbook: Part 2. Artech House, Dedham, MA, 1974, pp.235-239.
Van Voorkie, Kenneth R. Entrepreneurship and Small Business Management.
Allyn and Bacon, Boston, MA, 1980, pp.522-524.