The entity selection directly affects ________.

		how many employees you can have
		how many lenders you can have
		how the entity is taxed
		where the organization is located

Which of the following is a disadvantage of using stories in your pitch?

		Stories are how we make sense of our lives and new ventures.
		Building a strong identity to a brand can cloud peoples sense of what is really important.
		The story is not helpful in defining the value proposition to the audience.
		The story can be inspirational to others that might want to start a business venture.

Procter & Gamble is an example of a(n) ________.

		privately held corporation
		public corporation
		publicly held corporation
		S corporation

Which of the following is a true statement about an IPO?

		The IPO process is highly regulated by the SBA.
		Companies can be considered publicly held without an IPO.
		The company does not need to publish audited financial statements.
		Owners lose part of their ownership of the business