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GCSE
Business 3.1
Enterprise
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Created by
Chloe Smith
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Cards (3)
enterprise
a
business
or
organisation
the
personal qualities
that mean you can see and
take advantage
of
new business opportunities
reasons for starting a business
financial
reasons- earn more money
gap in the market
be your
own boss-
independence. make major decisions. flexible working hours. easier to fit around other commitments like childcare
follow an interest-
job satisfaction
may be
dissatisfied with current job-
may feel happier and more motivated starting your own business.
qualities of a successful entrepreneur
hard working- long hours to start.likely to be on your own
organised-
keep on top of day to day tasks. future plans. finances
innovative-
new ideas and solutions to problems that come up
willingness to take a calculated risk-
likely to give up current job and invest money you could lose if business fails