Qualities
The ability to accurately convey information.
What is Communications Skills?
Debt from a bank.
What is Bank Loan?
An individual that owns a company.
What is Sole Proprietorship?
An Internet phenomenon, where strangers learn about a business online and then decide whether or not to make an investment.
What is Crowdfunding?
Proper business behavior beyond complying with legal requirements.
What is Business Ethics?
Treating stakeholders as the entrepreneur would hope others would treat him/her.
What is Fairness?
Debt owed to someone that is paid monthly.
What is Installment Payment?
When two or more individuals own a company.
What is Partnership?
Using personal savings and operating revenue to fund growth.
What is Bootstrapping?
Non-‐physical assets created by individuals or companies that hold the exclusive legal right to commercialize.
What is Intellectual Property?
An individual’s self-‐commitment to overcome obstacles to achieve long-‐term goals.
What is Grit?
An obligation you have to pay someone else money.
What is Liability?
Organized for charitable, educational, or religious purposes and is eligible for tax-exempt status.
What is Non-Profit?
Funds contributed by investors to a business.
What is Equity (or Capital)?
Proper business behavior beyond complying with legal requirements.
What is Judgement?
The ability to interact in a friendly and effective way with unfamiliar people.
What is Comfort Engaging with Strangers?
Funds lent to a business with an agreement that the business will repay the lender with interest.
What is Credit (or Debt)?
A special type of corporation where individual owners (or “members”) are taxed on the profits of the company, but the corporation (not the member-‐owners) is liable for debts or judgments against the company.
What is Limited Liability Corporation (LLC)?
An investment security that includes many different stocks purchased and held together.
What is Mutual Fund?
Required forms that a company must complete and submit to the appropriate government agency.
What is Legal Filings?
When an entrepreneur’s actions and decisions are guided by a set of beliefs about how he/she wants the business to succeed.
What is Mission-Driven?
Another type of debt (or money you owe someone else) other than a mortgage
What is Notes Payable?
When a person in the eyes of the law.
What is Corporation?
Individuals that make small investments in an enterprise or to support an entrepreneur where they do not expect an immediate or large return on investment.
What is Angel Investors?
The state government agency that helps individuals and companies file required legal forms.
What is Louisiana Secretary of State?