Becoming An Entrepreneur

A person who organizes a business and then runs it is called a(n) _____.

A disadvantage to joining a family business is that _____.

The advantages of being an entrepreneur are _____.

The three traits an entrepreneur must possess to be successful are _____.

In order for a person to recognize needs that are not being met and make a career out of fulfilling unmet needs, that person must have _____.

In order for a teen to have a successful business, they must to do all of the following EXCEPT _____.

An existing business can be for sale because _____.

An entrepreneur's life has few challenges, few risks, and minimal rewards.

Jefferson is interested in starting his own business. He plans to borrow money from the local bank in order to finance the business. They will require him to submit a business plan and a(n) _____.

Buying a franchise might be a good decision for someone who _____.

A business' success depends on four key factors: financing, location, management, and _____.

A business chartered by a state that legally operates as a separate entity from the owner(s) is called _____.

Entrepreneurs are self-motivated and recognize opportunities around them.

Location is not important for a business.

Buying an existing business _____.