| A | B |
|---|
| Entrepreneur | Someone who take a risk in starting a business to earn a profit. |
| Entrepreneurship | The process of starting, organizing, managing, and assuming the responsibility for a business. |
| Venture Capital | Money provided by large investors to finance new products and new businesses that have a good change to be very profitable. |
| Innovation | An invention or creation that is brand new. |
| Improvement | A designed change that increases the usefulness of a product, service, or process. |
| Small Business | An independent business with fewer than 500 employees. |
| Small Business Administration (SBA) | A government agency that helps small business owners develop business plans and obtain financing and other support for their companies. |
| Business Plan | A written description of the business idea and how it will be carried out, including all major business activities. |
| Start-up Financing | The amount of money needed to open the business. |
| Short-term Financing | The money needed to pay for the current operating activities of a business. |
| Long-term Financing | The money needed for the main resources of a business (such as land, buildings, and equipment) that will last for many years. |
