Entrepreneurship

An individual who undertakes the risk associated with creating, organizing, and owning a business.

• Small Business

• Entrepreneur

• Innovator

• Venture

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

• Opportunity

• Concept Development

• Entrepreneurship

• Business Plan

Applying principles of right and wrong to situations in the workplace.

• Business Ethics

• Mission Statement

• Code of Ethics

• Copyright

A systematic set of rules and procedures used to guide the behavior of an individual, a business, or a culture.

• Executive Summary

• Business Ethics

• Start-Up Resources

• Code of Ethics

A new or different product.

• Innovation

• Opportunity

• Discovery

• Venture

A written description of the purpose of a company and the management's philosophy.

• Code of Ethics

• Mission Statement

• Patent

• Executive Summary

An idea that has commercial value.

• Venture

• Discovery

• Opportunity

• Capital

Sometimes referred to as a "mom and pop" businesses; generally started to create jobs for the owners.

• Resourcing

• Start-Up Resources

• Demographics

• Small Business

The stage in which the entrepreneur generates ideas, recognizes opportunities, and determines the feasibility of ideas, markets, ventures, etc.

• Discovery

• Concept Development

• Venture

• Start-Up Resources

Data that describes a group of people in terms of their age, marital status, family size, ethnic background, gender, education, and income.

• Resourcing

• Demographics

• Harvesting

• Business Plan