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Entr Process Act 1

Entrepreneurial Process Activities

Discovery Determine the likelihood of the venture's success
Concept Development Develops business plan
Resourcing Apply for loans
Actualization Utilizes resources
Harvesting Expansion Projects
Discovery Generates ideas
Concept Development Choose location business
Resourcing Seek employees
Actualization Grand Opening
Harvesting Long Range Planning
Discovery Perform Market Survey
Concept Development Consider patents, trademarks, or copyright protection
Resourcing Identify potential investors
Actualization Operates the business/venture
Harvesting 5 year plan or 10 year plan
Created by: dadehart