Entrepreneurship

Key Concepts:

Terms in this set (11)

Business Plan
Document that describes a new business & a strategy to launch that business
Entrepreneur
An individual who undertakes the creation, organization, and ownership of a business
Entrepreneurship
The process of getting into and operating one's own business
Equity
Shares or ownership stakes in a business
Fundraising
The process of gathering voluntary contributions of money or other resources from individuals, businesses, foundations, or governmental agencies
Innovation
A new method, idea, product, etc.
Pitch
A brief speech that defines a person, process, product, service, organization, or event and its value
Profit
Money that is left after all the expenses of running a business have been deducted from the income
Prototype
An original model to test out how real consumers will interact with the product or service
Startup
A type of young business that develops a unique product or service and bring it to the market
Small business
A type of business that sets their goal on long-term, stable growth in an existing market
THIS SET IS OFTEN IN FOLDERS WITH...

Identity Theft

13 terms
NGPF

Insurance

32 terms
NGPF

Budgeting

25 terms
NGPF

Credit Cards

21 terms
NGPF