Ch 6 Intro to business Entrepreneurship And Starting A Small Bus Crossword
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Down:
2) The small business administration defines a small business as one that is independently owned and operated and not dominant in its field of operation, and that meets certain standards of size in terms of employees or sales ( depending on the size of others in the industry).8) Accepting the risk of starting and running a business.10) Creative people who work as entrepreneurs within corporations. 11) People with unsatisfied wants and needs who have both the resources and willingness to buy.12) A detailed written statement that describes the nature of the business, the target market, the advantages the business will have relation to competition, and the resources and qualifications of the owner(s). |
Across:
1) Reason include profit, independence, opportunity, and challenge. 3) Micropreneurs are people willing to accept the risk of starting and managing the type of business that remains small, lets the do the kind of work they want to do, and offer them a balanced lifestyle.4) First, learn from others. Take courses and talk to some small-business owners.Second, get some experience working for others. Third, take over a successful firm. Finally, Study the latest and small businesses management techniques, including the use of computers for functions like payroll, inventory control, and mailing list. 5) Individuals or companies that invest in new business in exchange for partial ownership of those businesses. 6) Small business accounts for almost fifty percent of gross domestic product (GDP). Perhaps more important to tomorrow's graduates, eighty percent of U.S worker's first job are in small businesses. 7) Help can come from many sources: accountants, lawyers, marketing researchers, loan officers, insurance agents, and the SPA, SBDC'S, SBICS and even college professors.9) Cover letter, Executive summary, company background, management team, financial plan, capital required, marketing plan, vocation analysis, manufacturing plan, and appendix.13) An internet - based marketing strategy in which a business rewards individuals or other businesses (affiliates) for each visitor that comes to visit the website. 14) A group of experienced people from different areas of business who join together to form a managerial team with the skills needed to develop, make, and market a new product. 15) Specific geographic areas to which a government tries to attract private business investment by offering lower taxes and other government support.16) A business that is independently owned and operated, is not dominant in its field of operation, and meets certain standards of size ( set by the small business administration) in terms of employees or annual receipts. 17) Entrepreneurs willing to accept the risk of starting and managing the type of business that remains small, lets them do the kind of work they want to do, and offers them a balanced lifestyle. 18) Centers the offer new businesses low-cost offices with basic business services.19) An SBA office with volunteers from industry, trade associations, And other education who councils small businesses at no cost (except for expenses) 20) A new entrepreneur has several potential sources of capital: Personal savings, relatives, former employers, banks, finance companies, venture capitalists, government agencies, and more. Personal loans.21) The US Government agency that advises and assists small businesses by providing management training and financial advise and loans. 22) Many small businesses fail because of managerial incompetence and inadequate of financial planning. |
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