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Raiderstack
Question | Answer |
---|---|
business plan | written description of the business idea and how it will be carried out |
entrepreneur | someone who takes a risk in starting a business to earn a profit |
entrepreneurship | process of starting, organizing, managing, and assuming the responsibility for a business |
improvement | a designed change that increases the usefulness of a product, service, or process |
long-term financing | the money needed for the main resources of a business that will last for many years |
short-term financing | the money needed to pay for the current operating activities of a business |
small business | an independent business with fewer than500 employees |
Small Business Administration | government agency that helps small business owners develop business plans and obtain financing and other support for their companies |
start-up financing | the amount of money needed to open the business |
venture capital | money provided by large investors to finance new products and new businesses that have a good chance to be very profitable |