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Entrep 1

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
Aptitude   The natural ability to do something  
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Employees   One who is employed for wages or a salary, especially at a non executive level  
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Entrepreneurship   The activity of setting up a business or businesses, taking on financial risks in the hope of profit.  
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Self-assessment   The evaluation of oneself or one's actions and attitudes, in particular, of one's performance at a job or learning task considered in relation to an objective standard.  
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Teen Entrepreneur   A teen that takes a financial risk by setting up a business(s) in hope for profit  
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Business Plan   A business plan is a formal statement of business goals, reasons they are attainable, and plans for reaching them.  
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Sole- Proprietorship   A type of enterprise that is owned and run by one natural person and in which there is no legal distinction between the owner and the business  
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Partnership   An association of two or more people as partners.  
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Corporation   A company or group of people authorized to act as a single entity and recognized as such in law.  
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Franchise   An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities ( Buying a McDonald's)  
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Buy Existing Business   A way of owning a business but skipping the process of starting one from scratch  
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Family Owned Business   Where two or more family members run a business  
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