Ch.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 starting up and managing it.
2
Q
Business Plan
A
A detailed written document outlining the purpose and aims of a business which is often used to persuade lenders or investors to finance a business proposal
3
Q
Revenue
A
The amount a business earns from the sale of its products
4
Q
Business start-up
A
A newly formed business. They usually start small, but some might grow to become bigger.
