Unit 12: Entrepreneurship

 The ability to use imaginative skills to find unique ways to solve problems.

A willingness to risk the chance of failure in order to be successful.

 Entrepreneurs start many different kinds of businesses

Small businesses are responsible for over _______ of all goods and services produced.

Wealthy individuals who invest money in a new business in exchange for partial ownership

Founded the Ford Motor Company in 1903

The ___ provides investors with an overview of the business idea and its major points.

He founded FedEx in 1971 in Memphis, Tennessee

Directed the movie Tucker: The Man and His Dream.

 Belief in oneself and one’s own abilities with an expectation to be successful.

The agency dedicated to helping entrepreneurs and small business owners succeed in business

This in an example of a small business in Andalusia.

He founded Starbucks in Seattle in 1971 in Seattle, Washington.

 Most of the businesses that exist in the United States today are SMALL businesses.

Produced the movie Preston Tucker: The Man and His Dream

Entrepreneurs receive personal freedom and satisfaction that comes with owning a business.

This entrepreneur founded Walmart in 1962 in Rogers, Arkansas.

Small businesses create about ___ of all new jobs.

Someone who takes the risk of starting a new business

He founded Cirque du Soleil in 1984.

This will often be the first source of startup capital for an entrepreneur:

He founded American Freightways in 1982.

What was one of the safety features of Preston Tucker's car?

Most small businesses will have fewer than ________ employees.

Founded a chocolate company in Pennsylvania in 1894

Small businesses are beneficial but NOT essential to the success of the U.S. economy.

The business plan should be written as a narrative tool to tell a story of the business.

This is a written document prepared to guide the development and operation of a new business

This is the process of planning, creating, and managing a new business.

Small businesses employ about 10% of all non-government workers.