BUS CH 7

All are funding options for small businesses except

•The (SBA) aids, counsels, assists, and exposes the interests of small businesses

Market niches, Personal customer service, Lower overhead costs, & Technology are oppertunities of small business?

Low risk of failure, Lack of knowledge/experience, & High health insurance costs are threats of small business

Entrepreneurs aim to change the world through goods or services

All are reasons to launch a small business except

Individuals who invest in start-up companies with high growth potential in exchange for a share of ownership

Companies that invest in start-up businesses with high growth potential in exchange for a share of ownership

Vision, Self-reliance, Energy and confidence, &Tolerance of uncertainty and failure are charastics of an Entrepreneur?

Agency of the federal government designed to maintain and strengthen the nation’s economy