Entrepreneur Part 2

Private investors who fund start-up businesses are called ____.

• Banks

• angel investors

• investment funds

• Entrepreneurs

The movement of money into and out of a business is called ____.

• cycle of money

• spending

• cash flow

• transfer of funds

____ is an asset pledged that will be claimed by a lender if the loan is not repaid.

• Collateral

• Goods

• Principal

• Interest

Capital brought into a business in exchange for a percent of ownership in the business is called ____.

• Funding

• debit financing

• liabilities

• equity financing

____ are critical skills necessary to perform the required work-related tasks of a position.

• Procedures

• Job-specific skills

• Critical steps

• Management skills

A ____ is someone with experience who can provide advice, suggestions, and ideas.

• Professor

• Manager

• Mentor

• Teacher

____ is the process of gathering and analyzing of information about a business.

• Surveying

• Market research

• Analysis

• Financial reporting

___Willingly risking resources to start and run a business in pursuit of profit.

• Start-up capital

• Planning

• Entrepreneurship

___Common qualities of successful entrepreneurs.

• 5 Ps of entrepreneurship

• Trait

• Market analysis

Skills gained through life experience or working on a job that help an individual perform in the workplace or gain success in a career.

• debt financing

• transferable skills

• assets