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Entrepreneurship

vocabulary review

AB
entrepreneurperson who assumes the risk of starting, owning, and operating a business.
business plana written document that describes the nature of the business, its goals and objectives, and how they will be achieved
Small Business Administrationa government supported agency that consels, assits, and protects the interests of small businesses
Small Business Development Centersconsulting assistance for entrepreneurs who need help researching and writing business plans.
intrapreneursindividuals who work for a large corporation who take on the responsibility of developing a new innovation for that corporation.
sole proprietorshipa business owned and managed by one person
partnershipa business owned and managed by 2 or more people
creditorthose to whom money is owed
corporationa formal business association with a publicly registered charter recognizing it as a separate legal entity having its own privileges, and liabilities distinct from those of its members


Business Teacher
Arabia Mountain Academy
Lithonia , GA

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