Entrepreneurship

Name the Stage: Identify strategies to protect intellectual property.

Generating ideas, recognizing opportunity, and studying the market

The entrepreneur operates the business and utilizes resources to achieve its goals.

Individual who undertakes the risk associated with creating, organizing, and owning a business

Developing a business plan. A detailed proposal describing the business idea.

Identifies and acquires the financial, human, and capital resources needed for start-up.

The entrepreneur decides on venture’s future growth, development, or demise.

The process of starting and running one's own business.

Name the Stage: Apply for loans.

Name the Stage: Expansion Projects