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Presentation on theme: "$100 $100 $100 $100 $100 $200 $200 $200 $200 $200 $300 $300 $300 $300 $300 $400 $400 $400 $400 $400 $500 $500 $500 $500 $500."— Presentation transcript:

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2 $100 $100 $100 $100 $100 $200 $200 $200 $200 $200 $300 $300 $300 $300 $300 $400 $400 $400 $400 $400 $500 $500 $500 $500 $500

3 Entrepreneurship

4 Small Business Basics

5 The Business Plan

6 Financing a Business

7 Vocabulary

8 Small Business Basics Business Plan Financing a Business Entrepreneurship Vocabulary $ $100 $100 $100 $100 $100 $200 $200 $200 $200 $200 $300 $300 $300 $300 $300 $400 $400 $400 $400 $400 $500 $500 $500 $500 $500

9 Someone who takes a risk in starting a business to earn a profit
C 1 - $100 Someone who takes a risk in starting a business to earn a profit

10 C 1 - $200 The process of starting, organizing, managing, and assuming the responsibility for a business

11 C 1 - $300 A business owned and run by just one person

12 Venture Capital companies provided how much money
to new businesses in the 1990’s

13 C 1 - $500 The National Federation of Independent Business reported on a 10-year period. What % of new businesses were discontinued?

14 C 2 - $100 US Govt. agency that helps small business owners obtain financing and other support for their companies

15 About how many new businesses are created in the US every year?

16 Small businesses account for what %
of GDP in the US each year

17 A small business is an independent business with fewer than
C 2 - $400 A small business is an independent business with fewer than how many employees?

18 C 2 - $500 Organization of retired local businesspeople who volunteer their services to counsel and mentor new business owners

19 The first step in developing a business
C 3 - $100 The first step in developing a business plan is to….

20 C 3 - $200 Which element of a business plan discusses the entrepreneur's short- and long-term goals?

21 C 3 - $300 A written description of the business idea and how it will be carried out

22 C 3 - $400 Analysis of resources needed and the plan for the organization of the company would be in which section of a business plan?

23 What is the most popular use for a business plan?
C 3 - $500 What is the most popular use for a business plan?

24 Short-term financing is obtained for a period of less than…

25 Most of the money needed to start a new business comes from…

26 C 4 - $300 Money needed for the main resources of a business that will last for many years

27 The amount of money needed to open a business
C 4 - $400 The amount of money needed to open a business

28 C 4 - $500 Money provided by large investors to finance new products and new businesses that have a good chance to succeed

29 C 5 - $100 An invention or creation that is brand new

30 A designed change that increases the usefulness of a product, service,
or process

31 A detailed account of a company’s materials, supplies,
and finished products

32 Activities provided for the satisfaction of
others that are consumed at the same time they are produced

33 in relation to a unit of input, such as a worker
The production output in relation to a unit of input, such as a worker

34 C 1 A - $100 Entrepreneur $

35 C 1 A - $200 Entrepreneurship $

36 C 1 A - $300 Proprietorship $

37 C 1 A - $400 More than $100 Billion $

38 C 1 A - $500 More than 50% $

39 Small Business Administration (SBA)
C 2 A - $100 Small Business Administration (SBA) $

40 C 2 A - $200 625 Thousand 625,000 $

41 C 2 A - $300 More than half $

42 C 2 A - $400 500 $

43 C 2 A - $500 Service Corps of Retired Executives $

44 C 3 A - $100 Gather and review information $

45 C 3 A - $200 Description of the business $

46 C 3 A - $300 Business Plan $

47 C 3 A - $400 Operations Plan $

48 To persuade lenders and investors to finance the venture $
C 3 A - $500 To persuade lenders and investors to finance the venture $

49 C 4 A - $100 One Year                                               $

50 C 4 A - $200 The entrepreneur and his/her family and friends $

51 C 4 A - $300 Long-term financing $

52 C 4 A - $400 Start-up Financing $

53 C 4 A - $500 Venture Capital $

54 C 5 A - $100 Innovation $

55 C 5 A - $200 Improvement $

56 C 5 A - $300 Inventory $

57 C 5 A - $400 Services $

58 C 5 A - $500 Productivity $

59

60 FJ Topic Business Plans $

61 FJ Question Before a business plan is completed, the owner should have business experts review the plan and advise on its… $

62 Strengths and Weaknesses
FJ Ans Strengths and Weaknesses $

63 END OF GAME


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