Entrepreneur Characteristics
Willing to work until the job is done.
Persistent
A brief account of the key points contained in a business plan, written last.
Executive summary
No need to file paperwork with the state to form this/these type(s) of business(es).
Proprietorship & Partnership
Taxes paid by the business are separate from the owner's individual taxes.
Corporation
What word processing application are you currently learning to use?
Microsoft Word
Looking for new ways to solve old problems.
Creative
A written description of a new business venture that describes all aspects of the business.
What is a business plan?
The owners make all the business decisions in these types of businesses.
Proprietorship, Partnership, & LLC
A form of business(es) owned by one person.
Proprietorship & LLC
How do you quickly search a document?
Ctrl + F
Conduct research and ask questions to solve problems.
Inquisitive
Expresses the specific aspiration of a company, the major goals it will try to reach.
What is the mission statement?
Must file paperwork with the state to form this/these types(s) of business(es).
Corporation & LLC
A form of business owned by shareholders.
Corporation
If Rob wanted to start a business quickly, without having to file paperwork with the state, and he wanted little upfront costs and no partners, what type of business would you suggest he start?
Sole Proprietorship
Has high expectations
Self-demanding
Includes geographic, economic, and demographic data about the target market and business location.
What is the market analysis?
Has a structure consisting of shareholders, directors, officers, and employees.
Corporation
LLC stands for
Limited Liability Corporation
What two keys can you use to log out of your computer at school?
Windows + L
Energetic and passionate about their pursuits.
Enthusiastic
Discusses how a company makes its customers aware of its products or services.
What is the marketing plan?
This type of business offers protection from personal responsibility of financial obligations of operating the business.
Corporation & LLC
Expresses the specific aspirations of a company and the goals it will try to reach
Mission Statement
Give me one example of a top-level domain?
.com, .edu, .org, or .gov