Save
Entrepreneurship
entrep
Save
Share
Learn
Content
Leaderboard
Learn
Created by
Rosiè
Visit profile
Cards (16)
Business
Plan
Document that describes a new
business
& a
strategy
to launch that business
Business
Structure
How a company is
organized
, which impacts things like legal and tax liability of owners
Entrepreneur
An individual
who
undertakes the creation, organization, and ownership of a business
Entrepreneurship
The act of
setting
up
a
business
with the goal of making profit
Funding
The
money business
owners require to start, run, or expand a business
Innovation
A product, service, business model, or strategy that's both new and useful
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
Startup
A type of
young business
that develops a unique product or service and bring it to the market
Small
business
A business that has fewer
employees
and less annual revenue than corporations or other larger businesses.
Sole
Proprietorship
A business that has just one owner who pays
personal income tax
on profits earned from the business
Partnership
A
formal agreement
made by two or more parties to jointly manage and operate a company
Limited
Liability
Company
(
LLC
)
A business structure in the U.S. that protects its owners from personal responsibility for its debts or liabilities
Corporation
A business entity that is separate and distinct from its owners
Nonprofit
A business organized for purposes other than generating profit
Business
Ethics
The set of moral principles that guides a company's conduct