Becoming an Entrepreneur
This is the process of starting, organizing, managing, and assuming responsibility for a business.
What is Entrepreneurship?
This is a company that has 500 people or fewer?
What is a Small Business?
This is the amount of money needed to open the business.
What is Start-up Financing?
This is a written contract granting permission to operate a business to sell products and services in a set way.
What is a Franchise?
This is a decrease in the general level of prices.
What is deflation?
This is someone who takes a risk by starting a business to try to earn a profit.
What is an Entrepreneur?
This is a government organization the has many resources, forms, and training to help companies with 500 employees or fewer.
What is the SBA (Small Business Administration)?
This is a handwritten description of a business idea and how it will be carried out, including all major business activities.
What is a Business Plan?
This is a business owned and controlled by two or more people who have entered into an agreement.
What is a partnership?
This is the movement of the economy from one condition to another and back again.
That is the Business Cycle?
This is an invention or creation that is brand new.
What is an Innovation?
This is the largest type/sector of small businesses.
What is Retail Trade?
This money is obtained for a period of less than 1 year and often for only 1 or 2 months.
What is Short Term Financing?
This is a type of business owned and run by just one person.
What is a Proprietorship?
This represents ownership in a corporation
What is Stock
This is the money provided by large investors to finance new products and businesses.
What is Venture Capital?
Not keeping good records, not having enough start up money, and choosing a poor location for a business are all reason a business might...
What is Fail?
This is money needed for the important resources of a business (such as land, buildings, and equipment) that will last for many years.
What is Long-Term Financing?
This is the GDP divided by the total population.
What is GDP per capita?
This is when the government spends more than it takes in
What is Budget Deficit?
This is a designed change that increases the usefulness of a product, service, or process.
What is an Improvement?
This group of people own more than 1/3 or all small businesses.
What are Women?
These are the products or raw materials that a business keeps on hand.
What is Inventory?
This is a type of business that does not make a physical product
What is a Service Business?
This is the portion of the work force who are not working
What is the Unemployment Rate?