Starting a Business

What is the original name of our cafe?

• The Best Cafe

• Cafe No. 1

• No. 1 Cafe

• Cafe Nero

An entrepreneur is...

• Someone who comes up with new ideas and takes risks.

• Someone who is famous.

• Someone who promotes other people's products online.

• Someone who works for a business

Is Elon Musk an entrepreneur?

• Yes

• No

Entrepreneurs find a gap in the market and create a product/service to fill it?

• Yes

• No

A need is something you can live without

• True

• False

A want is something you can live without

• True

• Yes

A good is...

• When a business does something for you

• When a member of the public works in an organisation for free

• A physical product

An example of a service is...

• Dog grooming

• A sandwich

An example of a good is...

• Hairdresser

• Taxi Driver

• Cadbury's Dairy Milk Bar

• Football Training

A service is...

• When a business does something for you

• A physical product