MIE201Chpt6Studyguide

MIE201Chpt6Studyguide - businesses fail?-List methods of...

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How does downsizing and outsourcing affect new small business development? Define entrepreneurial spirit. Why do people start their own businesses (5 reasons). List the qualities of successful entrepreneurs. Define intrapreneurship and list barriers in organizations to entrepreneurial efforts.
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List the advantages and disadvantages of owning your own business. What is included in a business plan? What is the failure rate of new businesses and why do
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Unformatted text preview: businesses fail?-List methods of support for business owners. What is SCORE, SBA, business incubators, and microlenders? What is the difference between venture capitalists and angel investors? List three methods of financing through the SBA. Define franchise, franchisee, and franchisor. What are the advantages and disadvantages of franchises?...
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MIE201Chpt6Studyguide - businesses fail?-List methods of...

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