New Businesses
The Teeny Tiny
In The Beginning..
In Writing..
100
Entrepreneur
Who is someone who takes a risk in starting a business to earn a profit?
100
Small Business
What is an independent business with fewer than 500 employees?
100
A Business Plan
What is a written description of a business idea and how it will be carried out?
100
Contingent Worker
What is a worker who has no explicit or implicit contract for long-term employment?
200
Entreprenuership
What is the process of starting, organizing, managing, and assuming the responsibility for a business?
200
Nearly 50%
What percent of workers do small businesses employ?
200
Start-Up Financing
What is the amount of money needed to open the business?
200
Partnership Agreement
What is a written agreement among all owners?
300
Daily Life
What can inspire ideas for new products?
300
1/4
What fraction of small businesses are owned by women?
300
Short-Term Financing
What is the money needed to pay for the current operating activities of a business?
300
Articles of Incorporation
What is a written legal document that defines ownership and operating procedures and conditions for a business?
400
Improvement
What is a designed change that increases the usefulness of a product, service, or process?
400
Meeting Customer Needs and Providing Unique Services
What are two great advantages to small businesses?
400
Long-Term Financing
What is the money needed for main resources of a business that will last for many years?
400
Corporate Bylaws and a Board of Directors
What must a Corporation create and name?
500
Venture Capital
What is the money provided by large investors to finance new products and new businesses that have a good chance to be profitable?
500
A government agency that helps small business owners develop business plans and obtain financing and other support.
What is a Small Business Administration (SBA)?
500
Land, Buildings, and Equipment
What are the main resources of a business?
500
Franchise
What is a written contract granting permission to operate a business to sell products and services in a set way?