Chapter 5-Entrepreneurship and The Business Plan

The length of an executive summary should be limited to ______ .

A new business undertaking involves risk and is called an(n) ______ .

The business plan section that includes target market demographics and business location is 

People become entrepreneurs for ______ reasons besides making money.

The most common form of business in the United States is ______ .

______ businesses are the principle source of new jobs in the United States.

When entrepreneurs find new ways to solve old problems they demonstrate their ______ .

Most business in the United States are owned and operated by ______ .

During the first five years of operation, about ______ of small businesses fail.

Most successful entrepreneurs have similar ______ .

A business can be classified as a "small business" if it has fewer than ______ .

The business plan section that presents research about the company’s customer profile is called

A business plan is a written description of a new business venture that describes all business

A business plan must follow ______ .

The business plan section that identifies likely risks to the business is called the ______ .

The business plan section that identifies trends and growth within the industry is called the 

Company values and beliefs are established in the ______ .

Before starting a business, an entrepreneur needs to determine if there is enough

Internet businesses are often called ______ businesses.

In a business plan, the size, scope, and type of business is explained in the ______ .