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12 Cards in this Set

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an SBA office with volunteers from industry, trade associations, and education who counsel small businesses at no cost (except for expenses)
SERVICE CORPS OF RETIRED EXECUTIVES (SCORE)
Consists of people with unsatisfied wants and needs who have both the resources and the willingness to buy
MARKET
a US government agency that advises & assists small businesses by providing management training and financial advice and loans
SMALL BUSINESS ADMINISTRATION (SBA)
Individuals/ companies that invest in new businesses in exchange for partial ownership of those businesses
VENTURE CAPITALISTS
a. independently owned & operated
b. not dominant in its field of operation
c. meets certain stands in terms of employees/annual receipts (set by the SBA) in terms of employees/annual receipts (ie--less than $2 milion a yar for service companies)
SMALL BUSINESS
Centers that offer low-cost offices w/ basic business services (such as accounting, legal advice, and secretarial help)
INCUBATORS
Specific geographic areas to which government try to attract private business inveestment by offering lower taxes & other government support
ENTERPRISE ZONES
Creative people who work as entrepreneurs within corporations
INTRAPRENEURS
Entrepreneurs willing to accept the risk of starting and managing the type of business that remains small, lets them do the kind of work they want to do, and offers them a balanced lifestyle
MICROPRENEURS
A group of experienced people from different areas of business who join together to form a managerial team with the skills needed to develop, make, and market a new product.
ENTREPRENEURIAL TEAM
Accepting the risk of starting and running a business
ENTREPRENUERSHIP
a detailed written statement that describes the nature of the business, the target market, the advantages the business will have in relation to competition, and the resources and qualifications of the owner(s)
BUSINESS PLAN