GEB 1101 Lecture Notes - Lecture 12: Venture Capital, Microcredit, Small Business Administration
Document Summary
An _______ is someone accepting the risk of starting and running a business. An ________ team is a group of experienced people from different areas of business who join together to form a managerial team with the skills needed to develop, make, and market a new product. Creative people who work as entrepreneurs within corporations. _______ are entrepreneurs willing to accept the risk of starting and managing business that remains small, lets them do teh kind of work they want to do, and offers them a balanced lifestyle. One that meets certain standards of size in terms of employees or receipts. One that is not dominant in its field. Managerial incompetence and inadequate financial planning are two common reasons for. A business plan is a detailed written statement that describes: According to a recent study, offering low cost offices with basic services to new businesses in the early stages of development results in 87% success rate of _________ graduates incubator.
