ENTREPRENEURSHIP Flashcards
manager
someone whose job is to manage all or part of a company or organization, or a
particular activity
entrepreneur
anyone who starts a company, arranges business deals, and takes risks in order
to make a profit
mission statement
a short written statement made by an organization about the work that it
does, intended to communicate its aims, purpose and future activities to customers, employees,
shareholders etc.
vision statement
a statement about what an organization wants to become in the future
business plan
a written report stating a company’s plans regarding sales, product
development, financing, etc.
venture capital
money invested in a possibly risky new business
market opportunities
possibilities of filling unsatisfied needs in sectors in which the
company can produce the goods and services effectively
interest-free grant
money given by the government to help pay for something without the calculated percentage for the use of the money borrowed.
venture
a business project or activity, especially one that involves risks.
venture capital firm
an investment company that invests capital in potentially risky but profitable start-ups for above-average returns
business angel
a rich investor who provides capital for a start-up in exchange for
ownership equity or a stake in the company
feasibility (izvedivost)
ability to complete a project successfully, taking into account the possible
negative and positive outcomes before investing too much time and money.
incubator
an organization designed to accelerate the growth and success of
entrepreneurial companies through a range of business support resources and services that could
include physical space, capital, coaching, common services and networking connections
validity
the state of being legally or officially acceptable.
stake
the amount that someone has invested in a company often expressed as a percentage
of the total share capital (=money invested in a business in the form of shares)
