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Practice Exam
1. Which of these business structures is best to set up when you are the only person?
Sole proprietorship
Partnership
Corporation
All of the above
2. According to statistics, what percentage of clients can you expect to stay for 4 years?
10%
25%
50%
100%
3. What are some common reasons people leave a gym?
Cost
Move from the area
Lack of time
All of the above
4. What are some factors you should consider when assessing marketing opportunities?
Location of your gym
Location of competitive gyms
Services you offer
All of the above
5. What are some examples of fitness classes that can be offered?
Yoga
Dance styles
Kickboxing
All of the above
6. You should build a supplier list as you get started.
True
False
7. What is a main benefit to a sole proprietorship?
They are protected from lawsuits
Can pay themselves a profit
They have lots of meetings
None of the above
8. SWOT is an acronym for which words?
Strengths
Weaknesses
Treatments
Both A and B
9. Lack of motivation is a big reason people quit a health club.
True
False
10. According to statistics, what percentage of clients can you expect to stay for 2 years?
10%
25%
50%
100%
Grade Exam
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