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Chaap 6 Word Scramble

 
 

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Question Answer
What is entrepreneur?someone who takes a risk in starting a business to earn a profit.
What is Entrepreneurship?is the process of smarting, oranganing, managing, and assuming the responsibility for a business.
What is Venture capital? money provided by large investers to finance new products and new business that have a good chance to be very profitable.
What is innovation?invention or creation that is brand new
What is improvement?designed change that increases the usefulness of a product, service, or process.
What is small business?is an independent business with fewer than 500 employees.
What is Small Business Administration?is a government agency that helps small business owners develop business plans and obtain financing and other support for their companies.
What is a business plan?a written description how it will carry out, including all major business activities.
What is Short-term financing?the money needed to pay for the current operating activities of a business.
What is Long-term financing?is money needed for the main resources of a business such as land, buildings, and equipment.
What is Start-up financing?is the amount of money needed to open the business.