Question $11(1$ point$)$

What should drive the selection of a personal trainer's niche market?

Question $11$ options:

a$)$

Whatever they are passionate and excited about

b$)$

The market with the greatest income potential

c$)$

The demographic with the most potential clients

d$)$

The client$-$base of other successful trainers near them

e$)$

The demographic that is easiest to market to

Question $12(1$ point$)$

Gender, age, income levels, and familial status make up what important aspect of identifying a target market?

Question $12$ options:

a$)$

Geographics

b$)$

Client motivations

c$)$

Demographics

d$)$

Ability to buy

e$)$

Economics

Question $13(1$ point$)$

What does a break$-$even analysis help a fitness professional do$?$

Question $13$ options:

a$)$

Understand how to structure their training session to maximize profit

b$)$

Understand how many clients are in their target market

c$)$

Justify how much they should charge for a personal training session

d$)$

Understand how much money they must bring in monthly to cover expenses

e$)$

Determine how much fitness equipment they need to service their clients

Question $14(1$ point$)$

What important information does break$-$even quantity provide a personal trainer?

Question $14$ options:

a$)$

How much a client is willing to pay for a training session

b$)$

How much they should charge for a training session

c$)$

How many sessions they need to perform to pay monthly expenses

d$)$

What their monthly expenses will be

e$)$

The maximum number of training sessions they can perform in a month

Question $15(1$ point$)$

What details a company's goals and why it was created?

Question $15$ options:

a$)$

Company values

b$)$

Profit and loss sheet

c$)$

Business plan

d$)$

Vision statement

e$)$

Mission statement

Question $16(1$ point$)$

Which business structure has only one owner who is responsible for assets and taxes?

Question $16$ options:

a$)$

Sole proprietorship

b$)$

General partnership

c$)$

Limited partnership

d$)$

Limited liability company

e$)$

C corporation

Question $17(1$ point$)$

Which business structure leaves the owner with little or no personal liability because the legal entity is separated?

Question $17$ options:

a$)$

Sole proprietorship

b$)$

General partnership

c$)$

Limited partnership

d$)$

Limited liability company

e$)$

C corporation

Question $18(1$ point$)$

Where can a personal trainer go to learn more about required business licenses and permits?

Question $18$ options:

a$)$

The mayor's office

b$)$

The city business planning office

c$)$

The local bank

d$)$

The department of transportation

e$)$

The Small Business Association

Question $19(1$ point$)$

Which is an example of a common one$-$time business cost?

Question $19$ options:

a$)$

Utilities

b$)$

Supplement inventory

c$)$

Tax preparation fees

d$)$

Remodeling costs

e$)$

Building rent

Question $20(1$ point$)$

Which term of client membership is recommended to predict and generate consistent income?

Question $20$ options:

a$)$

$3$ to $6$ month memberships

b$)$

$2$ to $4$ month memberships

c$)$

$6$ to $12$ month memberships

d$)$

$9$ to $10$ month memberships

e$)$

Month to month memberships