Chapter 6 Vocab

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