CHAPTER ONE ENTREPRENEURSHIP

Trademarks Protect

• Creative Works: Literary, Musical,Creative Works: Literary, Musical

• the invention of products or processes from theft.

• your business’ name / logo.

 Copyrights: Protect

• Creative Works: Literary, Musical,Creative Works: Literary, Musical

• the invention of products or processes from theft.

• your business’ name / logo.

Contract

• An official document giving someone authorization to run their business under the extension of the direction of the Local, State and Federal Laws.

• A written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law.

• ◦a enforced contribution of funds to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions.

TAXES

• An official document giving someone authorization to run their business under the extension of the direction of the Local, State and Federal Laws.

• A written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law.

• ◦a enforced contribution of funds to state revenue, levied by the government on workers' income and business profits or added to the cost of some goods, services, and transactions.

These are Components of a Business Plan EXCEPT

• Marketing Plan

• Past Plan

• Financial Plan

• Organizational Plan

Business Plan is a detailed proposal that describes a new business.

• TRUE

• FALSE

Harvesting is the stage in___________

• which the entrepreneur decides on venture’s future growth, development, or demise.

• which the entrepreneur operates the business and utilizes resources to achieve its goals/

• which the entrepreneur identifies and acquires the financial, human, and capital resources

• which the entrepreneur generates ideas, recognizes opportunities, and studies the market.

Discovery is the stage in___________

• which the entrepreneur decides on venture’s future growth, development, or demise.

• which the entrepreneur operates the business and utilizes resources to achieve its goals/

• which the entrepreneur identifies and acquires the financial, human, and capital resources

• which the entrepreneur generates ideas, recognizes opportunities, and studies the market.

Resourcing is the stage in___________

• which the entrepreneur decides on venture’s future growth, development, or demise.

• which the entrepreneur operates the business and utilizes resources to achieve its goals/

• which the entrepreneur identifies and acquires the financial, human, and capital resources

• which the entrepreneur generates ideas, recognizes opportunities, and studies the market.

Actualization is the stage in___________

• which the entrepreneur decides on venture’s future growth, development, or demise.

• which the entrepreneur operates the business and utilizes resources to achieve its goals/

• which the entrepreneur identifies and acquires the financial, human, and capital resources

• which the entrepreneur generates ideas, recognizes opportunities, and studies the market.