Small Business
Independent business with fewer than 500 employees.
What is the definition of small business.
Entrepreneurs own their first business while in their what?
What is teens?
Someone who takes a risk in starting a business to earn a profit.
What is an entrepreneur.
Money needed to pay for the current operating activities of a business.
What is short-term financing.
Who are most americans employed by?
What is a small business.
More than 25 percent of U.S. small businesses are owned by whom?
Who is women?
Products or raw material a business keeps on hand.
What is Inventory.
a nail salon, a landscape business, the blue store
What are businesses most likely to be a small business.
Money provided by large investors to finance new products and new businesses.
What is venture capital.
persistent, inquisitive, energetic, goal oriented independent, self-confident creative reliable, competitive
What are personal characteristics of an entrepreneur
The part of a business plan that discusses the industry characteristics and the condition of the economy.
What is description of competition.
A government agency that helps entrepreneurs develop business plans and obtain financing.
What is small business administration.
The part of a business plan that discusses sales forecasts and the location and number of potential patrons.
What is customer analysis.
Where does most of the money needed to start a new business come from?
Who is the entrepreneur and his or her family and friends.
Money needed for the main resources of a business that will last for many years.
What is long-term financing.
Who is responsible for almost 50% of the U.S. gross domestic product each year?
What is small businesses.
A written description of a business idea and how it will be carried out.
What is a business plan.
What is the most important step in starting a business?
What is preparation.
An invention or creation that is brand new.
What is an innovation.