Funding
Funds used to launch a company
What is seed capital?
Briefly answers the who, what, when, why and how questions of a business
What is executive summary?
This fast food chain is one of the top ten global franchises
What is McDonald’s?
Person who identifies a business opportunity and allocates available resources to tap that market
What is a classic entrepreneur?
Organization established by industrialized nations to lend money to less developed countries
What is the world bank?
Funds invested in new venture in exchange for part ownership
What is equity financing?
Written document that provides an orderly statement of a company’s goals, the methods by which it intend to achieve these goals
What is a business plan?
This fast food chain requires an initial investment of $2.9 MM
What is Burger King?
Person who starts one business, runs it, starts one business, runs and then starts and runs additional businesses
What is a serial entrepreneur?
Agreement among the United States, Canada and Mexico to breakdown tariffs and trade restrictions
What is NAFTA?
Money borrowed that they must repay
What is debt financing?
This investor type has tough requirements for a solid business plan
What is a venture capitalist?
A contractual agreement in which franchisee gains the rights to produce and/or sell the franchise products
What is a franchise?
Vision, high energy level, need to achieve, self confidence, optimism, creativity, tolerance for ambiguity, tolerance for failure
What are the characteristics of an entrepreneur?
The world‘s largest campaign to promote entrepreneurship globally
What is Global Entrepreneurship Week (GEW)?
Crowdfunding company that specializes in personal causes
What is GoFundMe?
This section describes the firm’s target market and marketing plan
What is the Marketing section?
Individual or business firm purchasing a franchise
What is a franchisee?
Owned and operated by one person
What is a sole proprietorship?
Allows a company to produce or sell its product, or use its trademark, patent, or manufacturing processes, in a specific geographical area
What is foreign licensing?
Up to $50,000 and are guaranteed by the SBA to start-up and other very small firms
What are Microloans?
Included in plans written to obtain financing
What is resumes of principals?
Firm whose products are sold to customers by the franchisee.
What is a franchisor?
The company's assets and liabilities are separate from those of its owner(s)
What is a corporation?
This social media platform has 500 million registered users, 70% are outside of the United State
What is LinkedIn?