understanding business activity, 3 Enterprise, business growth and size Flashcards
1
Q
Entrepreneur
A
an individual who has an idea for a new business and takes the financial risk of setting up and managing it
2
Q
business plan
A
detailed written document outlining the purposes and aims of a business which is often used to persuade lenders or investor to finance a business proposal
3
Q
revenue
A
the amount a business earns from the sale of its production
4
Q
business start-up
A
a newly formed business. They usually start small, but some might grow to become much bigger