entrepreneurship

4. Coming up with an idea first and then looking for a marketing opportunity
5. gives the inventor the privilege of making and selling that item for a set period of time
8. Data observed or collected directly from first-hand experience.
9. liability that is limited to a partner or investor’s investment
10. Selling parts of your business (shares) to expand the franchise and raise financing
11. a one person business
13. acts as an agent that provides financial services for its clients
15. a new idea or product
16. purchase or deposit made in hopes of getting a future return or interest from it
19. a summary of how a business owner, manager, or entrepreneur intends to organize an entrepreneurial endeavor and implement activities necessary and sufficient for the venture to succeed.

1. Published data and the data collected in the past or other parties
2. owner or partners are each liable for business debts
3. gathering, recording, and analyzing the data pertaining to a venture in order to reduce the risk of failure
6. coming up with an idea to take advantage of a situation
7. to have a positive impact on society while achieving business success
11. Believes in his/her ability to succeed
12. seizing an opportunity to meet the needs of consumers through an innovative new or improved product and/or service
14. is a not-for-profit co-operative financial institution that is owned and controlled by its members
17. a product or service that is not required for survival
18. an invention that has been modified or improved
19. provides banking services for profit.