Entrepreneurs

Which of these is NOT a skill of an entrepreneur?

• Creativity

• Interpersonal Skills

• Organisation

• Sleeping

What is an entrepreneur?

• Someone who is employed

• Someone who doesn't work

• Someone who has set up their own business

• Someone who works from home

What challenges does an entrepreneur face?

• money

• responsibility

• paperwork

• all of the answers are correct

Is money the main reason why people become entrepreneurs?

• yes

• no

• don't know

At what age can you become an entrepreneur?

• 20

• 18

• 50+

• any age

What is a problem of being an entrepreneur?

• Making all the decisions by yourself

• Keeping all the profits

Entrepreneurs should be?

• Stylish

• Lazy

• Creative

• Competitive

This is the simplest form of business organization and has a single owner.

• Limited Liability Corporation

• Corporation

• Sole Proprietorship

• Partnership

This type of business organization involves two or more individuals who agree to contribute resources to the business in return for a share of the profit

• Corporation
• Sole Proprietorship
• Limited Liability Corporation
• Partnership

The legal obligation to pay any debts of the business.

• Financial considerations
• Asset
• Liabilty