ch04-pp - Learning Objectives-Chapter 4 s Identify the key...

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Learning Objectives-Chapter 4 Identify the key characteristics (other than size) that differentiate small businesses from larger ones. Highlight the major contributions small businesses make to the U.S. economy. Discuss three factors contributing to the increase in the number of small businesses. Cite the key characteristics common to most entrepreneurs. List three ways of getting into business for yourself. Identify three sources of small-business assistance. Discuss the principal sources of small-business private financing. Explain why many dot-com businesses failed at the beginning of the twenty-first century.
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700 750 800 850 900 950 1990 1995 1996 1997 1998 Source: SBA Website, June 5, 2000 Thousands Number of New Small Businesses
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Small Business Administration Resource and advocate for small business provides: Financial assistance Training Variety of loan programs
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Small Business Administration Small Business: Independently owned and operated. Not dominant in its field. Annual sales relatively small. Fewer than 500 employees. SBA believes 80 percent of all U.S. firms SBA believes 80 percent of all U.S. firms have annual sales of less than $1 million. have annual sales of less than $1 million.
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Lifestyle Lifestyle Business Business Two Types Small Business Two Types Small Business High-Growth High-Growth Ventures Ventures
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This note was uploaded on 07/08/2009 for the course BADM badm taught by Professor Dr. during the Spring '09 term at Baptist College of Health Sciences.

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ch04-pp - Learning Objectives-Chapter 4 s Identify the key...

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