3 Flashcards
1
Q
Is a person who starts a business and is willing to raise loss in order to make money
A
Entrepreneur
2
Q
Steps in setting up your own business
A
phase 1: Eureka Phase - Have an Idea for a business
phase 2: Research
phase 3: in your business plan
phase 4: execute your plan
3
Q
According to the merriam webster it expresses excitement when a discovery has been made
A
Eureka
4
Q
Is not just an internal mulling or reading something on the internet
A
Research
5
Q
To research in phase 2
A
MARKET
COMPETITION
SUPPORT
6
Q
The business plan should include information on:
A
Product or service
Market and industry
Operations
Finances
Strategies
