Entrepreneurship

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
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