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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. You should learn about your market and demographics so you know what to offer.
True
False
3. According to statistics, what percentage of clients can you expect to stay for 4 years?
10%
25%
50%
100%
4. What are some common reasons people leave a gym?
Cost
Move from the area
Lack of time
All of the above
5. What is an example of a specialty class?
Functional training for seniors
Golf fitness
Ski training
All of the above
6. 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
7. What are some examples of fitness classes that can be offered?
Yoga
Dance styles
Kickboxing
All of the above
8. Partnerships must be equal in who owns what.
True
False
9. SWOT is an acronym for which words?
Strengths
Weaknesses
Treatments
Both A and B
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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