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It is the process of designing or combining new resources to develop, organize and manage a business venture along with any of its risks

• Entrepreneurship

• Products

• Services

• Loyal customer

Tangible items that is put on the market for acquisition, attention or Consumption.

• Entrepreneurship

• Products

• Services

• Loyal customer

Intangible items, which arises from the output of one or more individuals.

• Entrepreneurship

• Products

• Services

• Loyal customer

_______ are those who have made a commitment to your product or Service.

• Entrepreneurship

• Products

• Services

• Loyal customer

_______ Are those simply browsing products and services with no Specific purchasing goal in place.

• Entrepreneurship

• Products

• Impulse shopper

• Loyal customer

_______ Are Seeking the best deal, period, and most likely won't be swayed by upSelling techniques - in fact, this may cause them to move on.

• Entrepreneurship

• Bargain hunters

• Impulse shopper

• Loyal customer

_______ Are somewhat related to impulse shoppers, but they're much less likely to make purchases.

• Wandering consumers

• Bargain hunters

• Impulse shopper

• Loyal customer

_______ are driven by the need for a specific product or service.

Although these customers generally make purchases decisively and quickly once they find what they're seeking, they're easily lured away by competing businesses.

• Wandering consumers

• Bargain hunters

• Impulse shopper

• Need based customers

A written document describing the nature of the business, the sales and marketing strategy, and the financial background, and containing a projected profit and loss statement

• Business plan

• Executive summary

• Business description and structure

• Market research and strategies

It may include a table of contents, company background, market opportunity, management overviews, competitive advantages, and financial highlights.

• Business plan

• Executive summary

• Business description and structure

• Market research and strategies