Quiz for:
Business Opportunities During Economic Downturns

Question 1

What is the primary cost component of service-based businesses?

Question 2

Which platforms are recommended for content creation to build an online presence?

Question 3

How can a product-based business increase profit margins once a product is successful?

Question 4

What is an example of a low-skill, high-profit service-based business?

Question 5

What marketing insight is provided for service-based businesses?

Question 6

How did the Broadway singer in the case study adapt during the pandemic?

Question 7

Why is local SEO particularly useful for service-based businesses?

Question 8

Why are economic downturns seen as opportunities for creating wealth?

Question 9

What is one platform mentioned for finding clients for service-based businesses?

Question 10

In the case study, how did the individual scale the delivery business?

Question 11

What is a benefit of dropshipping?

Question 12

What strategy can help scale service-based businesses?

Question 13

What is one method for acquiring customers through referrals?

Question 14

What strategy is effective for encouraging repeat business?

Question 15

How can sponsored content contribute to additional revenue?