Entrepreneur

4. A company is a business that is a separate legal entity from the people who have a financial interest in the business, known as shareholders.
6. Specific, measurable, achievable/attainable, relevant, time based.
7. An Entrepreneur is someone who is willing to take the responsibility, risk and rewards of starting and operating a business.
8. trader A business owned and operated by one person.
10. Business objectives are targets a business works towards. This should support the overall mission/vision of the business.
12. Stakeholders Stakeholders found within the business - are the owners, employees, including managers.
13. Long term goal, that describe what the business wants to be or do. (provides direction)
15. bottom line People, Planet, Profit, Purpose
16. A mission/vision statement shows what the business believes in and what it wants to achieve.

1. Liability The owner of the business is responsible for all debts and personal assets may be sold to cover these.
2. Environmental, Economic, Cultural
3. Liability Provides financial protection for the shareholders (owners) of a company. In the event of business failure the owners of the company only lose the money they contributed to the company in payment of the shares. Private asset cannot be touched.
4. – Public A company that has their shares publicly listed on the stock exchange so they are available to be bought by the general public and other companies.
5. 2 or more people who wish to carry on business together with shared capital investment and shared responsibilities, with the view to making a profit.
9. – Private A company that has their shares owned by a single shareholder or within a private group, such as a family.
11. Origin or reason for being
14. People or groups of people who can be affected by, and therefore have an interest in any action by an organisation.