Show:
Small Business
The Business Plan
Legal Structures of Businesses
Entrepreneurship
Business Financing
100
Independent business with fewer than 500 employees.
What is the definition of small business.
100
SBA
What is small business administration.
100
Business owned by one person.
What is a sole proprietorship.
100
Risk taker in the private enterprise system.
What is an entrepreneur.
100
Initial money needed to start up a new business.
What is seed capital.
200
Hospitals, nursing homes, utility companies, and automobile manufacturers.
What are businesses least like to be a small business.
200
Loans given to small business owners from the SBA to buy equipment or operate their business.
What is a microloan.
200
A legal organization with assets and liabilities separate from those of its owners.
What is a corporation.
200
Entrepreneur who founded Walmart.
Who is Sam Walton.
200
Borrowing money to start up a business that the business owner must repay.
What is debt financing.
300
Home builders, florists, auto repair, and hairdressers.
What are businesses most likely to be a small business.
300
Money invested in a business by another business or individuals in exchange for ownership.
What is venture capital.
300
A business owned by two or more people who operate the business as co-owners by legal agreement.
What is a partnership.
300
Vision, high energy level, need to achieve, creative, internal locus of control, and tolerance for ambiguity.
What are characteristics of an entrepreneur personality.
300
Wealthy people who invest directly in a new business in exchange for ownership in the business.
What is an angel investor.
400
Business operated out of the owner's home.
What is a home-based business.
400
McDonald's, Subway, Casey's, Taco Bell.
What are franchises.
400
Approximately 72% of businesses are organized this way.
What is a sole proprietorship.
400
At least 70 hours a week.
What is the average number of hours worked per week by an entrepreneur launching a new business.
400
Businesses that try to keep their employees creating new ideas within their company.
What is intrapreneurship.
500
67% or two-thirds.
What is the number of new jobs created each year by small businesses.
500
Company mission and vision or owner, outline of company, customers, competition, financial evaluation, risk assessment.
What are the issues that a good business plan address.
500
Its owners are called stockholders.
What is a corporation.
500
Individual believing they can control events affecting their lives.
What is an internal locus of control
500
Post-it-Notes and Scotch Tape.
What are two products created within 3M through intrapreneurship.