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Entrepreneurship
The Business Plan
Challenges of Entrepreneurship
Small Businesses
vocab
100
500 people
What is the maximum amount of people in a small business?
100
brief summary of the key points in a business plan
What is the executive summary?
100
funds
What do you need before you start a business?
100
S.B.A
What is the agency that protects interest of small businesses?
100
Independently owned businesses
What is the definition of small businesses?
200
45%
What is the percent of small businesses?
200
16 parts
How many parts are there in the business plan?
200
5 years
What is the amount of time in which most businesses fail?
200
manager
What other jobs does being the owner have?
200
virtual business
What is a business the runs online?
300
examples are virtual businesses and
dot.com
companies.
What are business online called?
300
company's name, address, phone number, web site, email address, and logo
What should be on the cover page?
300
fully responsible
how much responsibility should a owner have for his business?
300
Limited geographic area
What do small businesses usually serve?
300
vision statement
What is a statement that shows the purpose of a company?
400
Believing in oneself.
What is the definition of self-confidence?
400
management team plan
What section are managers included in?
400
hire and training employes
what do owners need to do for help around the store?
400
50%
What is the percentage of small businesses employing people of the U.S workforce?
400
the specific aspirations of a company
What does the mission statement express?
500
setting goals and than achieving those goals
What is the definition of being Goal-Oriented.
500
2
How many statements are there in the business plan?
500
2/3
What is percent of work is generated by small businesses?
500
virtual businesses
What is allowing small business to start growing?
500
the key points of a business plan
What is the executive summary?