DEFINITIONS
Agency created to consult and assist in the economy's growth
Small Business Administration
Name two advantages of a sole proprietorship
- Own time
- Flexibility
- Earnings taxed only as an individual,
- Successful as you make the business
- Run business without having to seek advice
Two pro reasons to start a general partnership
- Pool funds
- divided workload
- each owner should have an active role
CUC Sports Teams are categorized in Division
NCAA Division lll
Dream Jobs of three Team Members
Member #1 _____________
Member #2 _____________
Member #3 _____________
Who are people who risk their time, money, and resources to start a business
Entrepreneur
Three advantages of a Franchise
- Low risk
- Support / Training
- Brand Recognition
- Funding
-
An Entrepreneur only needs a great 'niche' idea
False.... needs passion, desire, strategy, plans
CUC official colors
Maroon and gold
Founder of the Ford Motor Company
Henry Ford
Individuals who invest in start up businesses with high potential
Angel investers
Business ownerships are categorized in four different forms types of
- Sole proprietorship
- Partnership
- LLC
- Corporations
Forbes list of the 400 richest Americans is dominated by entrepreneurs
Yes, it is true
CUC Mascot
Cougars
Founder of J C Penney Stores
J C (James Cash) Penney
Elected by stockholders to protect their investments
Board of Directors
Key to increasing email responses
Thankful closing / ending
Cons /disadvantages of a sole proprietorship
- Work long hours
- Responsible for all debts
- May have difficulty with funding
- limited like of business
CUC is a vibrant and academically engaging _________ fath-based University
Lutheran
The Systems Thinking tool VMCL stands for
- Vision
- Mission
- Capacity
- Learnings
Form of business with a single owner
Sole Proprietorship
Two allows a franchisee to given
- Use of trademark
- Financial support
- Human resources
Two Barriers for effective communication
- Physical barriers
- Language barriers
- Body language
- Perceptional
- Cultural
Name to Degree Programs of three of your Teammates
Team mate # ! ________________
Team mate #2 ________________
Team mate #3 ________________
Three of the Entrepreneurial Characteristics
- Vision
- Self Reliance
- Energy
- Confidence
- Tolerance of Failure & Uncertainty