Entrepreneurship Vocabulary

2. a business model where distributers earn money through direct sales and gaining recruits
4. business that is owned and operated by one person
8. business model whereowners are protected from the companies debt and lawsuits
10. an agreement that combines two existing companies to frm a new one
12. the evaluation of something
13. a form of private equity financing provided by investors to high potential start up companies/ businesses.
16. two or more parties collaborate, with shared expertise, to reach a goal
18. analytical process of determining the economic value of a company

1. brands promoting products/services directly to consumers
3. the legal right to a product, that excludes other from making it
5. a way of communications that builds connections between the business and customers
6. a model of business that is separate from its owners
7. a self-employed individual, they have lots of freedoms
9. the process of gaining control of something valuable
11. a formal, long term agreement between companies to pool resources, share risks, and collaborate
14. process of building mutually beneficial relationships
15. a legally protected brand identifier
17. strategy to increase efficiency by hiring external speciialists