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Chapter 6: Entrepreneurship and Small Business Management

Horizontales
An invention or creation that is brand new.
A designed change that increases the usefulness of a product, service, or process.
The process of starting, organizing, managing, and assuming the responsibility for a business.
The money needed to pay for the current operating activities of a business.
A written description of the business idea and how it will be carried out, including all major business activities.
Money provided by large investors to finance new products and new businesses that have a good chance to be very profitable.
Verticales
An independent business with fewer than 500 employees.
The amount of money needed to open the business.
Someone who takes a risk in starting a business to earn a profit.
Money needed for the main resources of a business (such as land, buildings, and equipment) that will last for many years.