Entrepreneurship (GA Virtual Module)-IBT

Select a part of the business plan.

Writing a business plan helps you organize your business better.

An entrepreneur is a person who starts a business & assumes the financial risk for the sake of making a profit

A formal statement of a set of business goals & the reasons why the goals are believed attainable.

As an entrepreneur you will want to write a business plan before starting a new business.

The portion of the business plan that appears first, but written last, and summarizes the rest of the document.

A manager is always an entrepreneur.

An associate of two or more people as partners.

One person owns the business.

As an entrepreneur, building a team that will help operate your business successfully is an important function you have.

Forming, Storming, Norming & Performing are the stages in the team development.

Can have only a few owners or millions. Partial ownership through the sale of stock is issued.