ONLINE COACHING EXAM SCRIPT 2025/2026
QUESTIONS AND ANSWERS RATED A+
✔✔Entrepreneur - ✔✔Smart
Producers
Efficient
✔✔Online training - ✔✔Help more people
Revenue stream
✔✔Training materials and documents - ✔✔Programs
Training menu
✔✔4 part formula for a purpose statement - ✔✔Beneficiaries
Essential concern
Intended impact
Essential action
✔✔Referrals - ✔✔Ask
Act
Compliment
✔✔Managing and growing - ✔✔Systems
Team
Numbers
✔✔Warm Prospect - ✔✔Target markets - cultivate interest already gave contact info
✔✔Making brand magnetic - ✔✔Credibility
Positioning
Convenience
✔✔Trust - ✔✔Understand why
✔✔Train groups at any time - ✔✔True
✔✔Express your brand - ✔✔True
✔✔refferal - ✔✔A recommendation from a contact who is part of your network
✔✔Liability - ✔✔(n.) a debt; something disadvantageous
✔✔network - ✔✔A chain of communication that connects places
, ✔✔Marketing Calendar - ✔✔identifies key dates in the wholesale marketing of
fashion/seasonal product lines and is the basis for the timing of all other schedules
✔✔Offset liability - ✔✔The classic balance sheet has assets on one side of the
accounting equation and liabilities on the other. When you offset, you replace some of
your assets and liabilities with one figure, representing the net gain or loss.
✔✔attorney - ✔✔lawyer
✔✔direct mail - ✔✔A method of raising money for a political cause or candidate, in
which information and requests for money are sent to people whose names appear on
lists of those who have supported similar views or candidates in the past.
✔✔Federal Taxes - ✔✔A tax levied by the United States Internal Revenue Service
(IRS) on the annual earnings of individuals, corporations, trusts and other legal entities.
✔✔State Taxes - ✔✔Tax levied on income at the state level
✔✔income tax - ✔✔A tax on people's earnings
✔✔Depreciation - ✔✔a lessening in value
✔✔Employer Taxes - ✔✔FICA, federal and state unemployment taxes
✔✔insurance - ✔✔protection against possible financial loss
✔✔Income Statement - ✔✔A financial statement showing the revenue and expenses for
a fiscal period.
✔✔Accounting - ✔✔planning, recording, analyzing, and interpreting financial
information
✔✔cash flow - ✔✔the difference between cash coming in and cash going out of a
business
✔✔profit sharing - ✔✔incentive pay in which payments are a percentage of the
organization's profits and do not become part of the employees' base salary
✔✔Independent Contractor - ✔✔One who works for, and receives payment from, an
employer but whose working conditions and methods are not controlled by the
employer. An independent contractor is not an employee but may be an agent.
✔✔disclaimer - ✔✔assertion designed to forestall any complaints or negative reactions
to a behavior or statement that is about to occur
QUESTIONS AND ANSWERS RATED A+
✔✔Entrepreneur - ✔✔Smart
Producers
Efficient
✔✔Online training - ✔✔Help more people
Revenue stream
✔✔Training materials and documents - ✔✔Programs
Training menu
✔✔4 part formula for a purpose statement - ✔✔Beneficiaries
Essential concern
Intended impact
Essential action
✔✔Referrals - ✔✔Ask
Act
Compliment
✔✔Managing and growing - ✔✔Systems
Team
Numbers
✔✔Warm Prospect - ✔✔Target markets - cultivate interest already gave contact info
✔✔Making brand magnetic - ✔✔Credibility
Positioning
Convenience
✔✔Trust - ✔✔Understand why
✔✔Train groups at any time - ✔✔True
✔✔Express your brand - ✔✔True
✔✔refferal - ✔✔A recommendation from a contact who is part of your network
✔✔Liability - ✔✔(n.) a debt; something disadvantageous
✔✔network - ✔✔A chain of communication that connects places
, ✔✔Marketing Calendar - ✔✔identifies key dates in the wholesale marketing of
fashion/seasonal product lines and is the basis for the timing of all other schedules
✔✔Offset liability - ✔✔The classic balance sheet has assets on one side of the
accounting equation and liabilities on the other. When you offset, you replace some of
your assets and liabilities with one figure, representing the net gain or loss.
✔✔attorney - ✔✔lawyer
✔✔direct mail - ✔✔A method of raising money for a political cause or candidate, in
which information and requests for money are sent to people whose names appear on
lists of those who have supported similar views or candidates in the past.
✔✔Federal Taxes - ✔✔A tax levied by the United States Internal Revenue Service
(IRS) on the annual earnings of individuals, corporations, trusts and other legal entities.
✔✔State Taxes - ✔✔Tax levied on income at the state level
✔✔income tax - ✔✔A tax on people's earnings
✔✔Depreciation - ✔✔a lessening in value
✔✔Employer Taxes - ✔✔FICA, federal and state unemployment taxes
✔✔insurance - ✔✔protection against possible financial loss
✔✔Income Statement - ✔✔A financial statement showing the revenue and expenses for
a fiscal period.
✔✔Accounting - ✔✔planning, recording, analyzing, and interpreting financial
information
✔✔cash flow - ✔✔the difference between cash coming in and cash going out of a
business
✔✔profit sharing - ✔✔incentive pay in which payments are a percentage of the
organization's profits and do not become part of the employees' base salary
✔✔Independent Contractor - ✔✔One who works for, and receives payment from, an
employer but whose working conditions and methods are not controlled by the
employer. An independent contractor is not an employee but may be an agent.
✔✔disclaimer - ✔✔assertion designed to forestall any complaints or negative reactions
to a behavior or statement that is about to occur
