chapter 6 vocab

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Across
  1. 2. process of starting, organizing, managing, and assuming the responsibility for a business
  2. 5. a designed change that increases the usefulness of a product, service, or process
  3. 7. a written description of the business idea and how it will be carried out, including all major business activities
  4. 8. is money needed for the main resources of a business that will last for many years
  5. 10. is the money needed to pay for the current operating activities of a business
  6. 11. the amount of money needed to open the business
Down
  1. 1. an invention or creation that is brand new
  2. 3. an independent business with fewer than 500 employees
  3. 4. is money provided by large investors to finance new products and new business that have a good chance to be very profitable
  4. 6. government agency that helps small business owners develop business plans and obtain financing and other support for their companies
  5. 9. someone who takes a risk in starting a business to earn a profit