Chapter 6

2. the amount of money needed to open the business
3. money provided by large investors to finance new products and new businesses that have a good chance to be very profitable
5. Government agency that helps small business owners develop business plans, obtain financing and other support
8. process of starting, organizing, managing, and assuming the responsibility for a business.
9. this approach allows employees to feel valued and motivated to take personal responsibility for the benefit of the business
10. has less than 500 employees
12. someone who takes a risk by starting a business to try to earn a profit

1. local business network
2. the money needed to pay for the current operating activities
4. a written description of a business idea and how it will be carried out, including all major business activities
6. A design change that increases the usefulness of a product, service, or process
7. money needed for the main resources of a business
11. An invention or creation that is brand new