8th EBT 3.02 Entrepreneurial Process

Data that describes a group of people in terms of their age, marital status, gender, and income

Stage of operating the ventures and utilizing resources to achieve goals.

Creating a 5-year plan for the business--what stage?

Looking for employees for the business--what stage?

A business undertaking involving risk

Stage of acquiring finances and human and capital resources needed for startup.

Applying for a Small Business Loan--what stage?

Stage in which the entrepreneur generates ideas, recognizes opportunities.

Stage for planning the venture, identifying resources using a business plan.

Matching your skills with market trends--what stage?

Stage in which the entrepreneur decides on a venture's future growth, development, or demise.

Conducting a Grand Opening for the business--what stage?