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The Challenges of Starting a Business - Section 1
Terms in this set (5)
Individual who identifies a business opportunity and assumes the risk of creating and running a business to take advantage of it.
Small Business Administration
Government agency that helps prospective owners set up small businesses, obtain financing, and manage ongoing operations.
According to the SBA, a business that is independently operated, exerts little influence in its industry, and employs fewer than five hundred people.
All businesses whose primary purpose is to produce tangible goods.
All businesses whose primary purpose is to provide a service rather than make tangible goods.
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