Entrepreneurship Review

Every business begins with a(an)

• customer

• profit

• idea

• invention

Money needed for the important resources of a business (such as land, building, and equipment) that will last for many years is called

• start-up financing

• credit

• short-term financing

• long-term financing

The Small Business Administration considers a business "small" if it employs fewer than ______ employees.

• 5

• 20

• 100

• 500

An invention or creation that is brand new

• innovation

• venture

• improvement

• business plan

A written description of the business idea and how it will be carried out

• start-up financing

• business plan

• opportunity report

• SBA Index