| A | B |
|---|
| The process of starting, organizing, and managing a business. | entrepreneurship |
| A brand new invention | innovation |
| A written description of the business idea | business plan |
| Money provided by large investors to finance new businesses | venture capital |
| A change that increases the usefulness of a product | improvement |
| Money to pay for current operating costs of the business | Short-term financing |
| Purchase of the equipment to open a business | Start-up financing |
| Money used to open the business | Start-up financing |
| Financing that is obtained (given) for less than a year | Short-term financing |
| The license to operate a business | Start-up financing |
| Large amounts of money paid over many years | Long-term financing |
| The land that the business is built on | Long-term financing |
| A government agency that helps small business owners develop business plans and obtain financing and other support for their companies. | Small Business Administration (SBA) |
| Someone who takes a risk in starting a business to earn a profit. | entrepreneur |
| An independent business with fewer than 500 employees | small business |
| Every business begins with a(n) | idea |
| The Small Business Administration considers a business small if it employs fewer than ? employees. | 500 |
| A competitive advantage that small businesses have over larger businesses is | attention to unique customer needs |
| This is not one of the reasons small business fail | not enough employees to do the work |
