Entrepreneurvatcapital Self employed motivationcontrol businessstudiesteacher WHEN SOMEONE WANTS TO DO SOMETHING GO TO BALLS.

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Presentation transcript:

entrepreneurvatcapital Self employed motivationcontrol businessstudiesteacher WHEN SOMEONE WANTS TO DO SOMETHING GO TO BALLS

PERSONALPOSSESSIONS SELFEMPLOYED CAPITAL SOLETRADER START UP CAPITAL CAPITAL UNLIMITEDLIABILITY CONTROL VAT DRAWINGSPRIVATESECTOR DEBT 10 ENTREPRENEUR

MONEY INVESTED IN ABUSINESS SO IT CAN BUY THE THINGS IT NEEDS RETURN TO BALLS

THE PERSON WHO TAKES THE RISK OF STARTING A BUSINESS RETURN TO BALLS

VALUE ADDED TAX A TAX ON GOODS AND SERVICES RETURN TO BALLS

WAGES THAT ARE PAID TO A SOLE TRADER RETURN TO BALLS

WHEN SOMEONE WORKS FOR THEMSELVES RATHER THAN ANOTHER EMPLOYER RETURN TO BALLS

THE PART OF THE ECONOMY THAT IS RUN BY INDIVIDUALS NOT THE GOVERNMENT RETURN TO BALLS

THIS MEANS THE OWNER IS PERSONALLY RESPONSIBLE FOR ANY BUSINESS DEBTS RETURN TO BALLS

MONEY OWED BY A FIRM TO SOMEONE ELSE RETURN TO BALLS

THE FINANCE REQUIRED TO START UP A BUSINESS RETURN TO BALLS

THIS IS WHAT A PERSON HAS WHEN THEY ARE ABLE TO MAKE ALL DECISIONS RETURN TO BALLS

THINGS OWNED BY A PERSON NOT A FIRM RETURN TO BALLS

A PERSON WHO OWNS AND CONTROLSABUSINESS RETURN TO BALLS