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E.S.B. GMETRIX CERTIFICATION EXAM 2025 QUESTIONS AND ANSWERS After doing a self-assessment, Peter realizes he wants to start a plumbing business, but doesn't want to risk alot of his own money. What would be his best option? ....ANSWER ...-Purchase an existing business Besides defining strengths and weaknesses, what is the other main factor determined during a self-assessment? - ....ANSWER ...-Risk tolerance Todd wants to open a golf shop. Todd doesn't have any collateral except for his Ford Pinto. Upon attempting to secure financing from a bank, Todd is rejected for lack of collateral. Todd then turns to private investors in an effort to get the business started. What entrepreneurial characteristic is Todd exhibiting? - ....ANSWER ...- Flexibility Phyllis owns multiple pet stores. Phyllis opens a new pet store in a growing area of town but the new store fails and closes after a year. How should Phyllis best handle this? ....ANSWER ...-evaluate why the store failed and use that knowledge for future ventures Donnie is new to a town that does not have a doggie day care facility. Upon researching the situation, Donnie decides to open a doggie day care facility. Which marketing option for this new business should be a point of emphasis? - ....ANSWER ...-Location ....FOR STUDY PURPOSES...©️2025 ALL RIGHTS RESERVED... 1