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Chapter sixs

QuestionAnswer
entrepreneur someone who take a risk in starting a business to earn a profit.
Venture money provided by large investors to finance new products
innovation invention or creation that is brand new
improvement is a designed change that increases the usefulness of a product
small business independent business with fewer than 500 employees
SBA small business adminstration; govt. agency that helps small business owner develop a business
business plan written description of the business idea and how it will be carried out
Start - up financing amount of money needed to open a business
Short Term Finacing money needede to pay for current operating activies of a business
Long-term Finacing money needed for the main resources of a business such as land buildings and equipment
Created by: johnfreund1
 

 



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