Intro to business-Chap 6 Entrepreneur
Some one who takes risks in starting a business to earn a profit.
Process of starting, organizing, managing, and assuming the responsibility for a business.
Money provided by large invaders to finance new products and new businesses that have a good chance to be very profitable.
invention or creation
Designed change that increases the use and fullness of a product, service, or process.
an independent business with fewer than 500 employees.
The Small Business Administration
government agency that helps small business owners devolp business plans and obtain financing and other support for their companies.
Writtten description of the business idea and how it will be carried out, including all major business activities.
Amount of money needed to open the business.
money needed to pay for the current operating activities of a business.
Money needed for the main reasources of a business.