entrepreneur - a person who organizes and operates a new business or businesses, taking on greater than normal financial risks in order to do so, business plan - A document outlining a business's future objectives and strategies for achieving them, startup capital - The money that is required to start a new business, whether for office space, permits, licenses, inventory, product development and manufacturing, marketing or any other expenses, mission statement - A statement that defines what an organization is, why it exists, its goals and philosophies, cost per unit - The amount of money that a produced good or provided service costs, overhead costs - All fixed costs associated with operating an establishment, not directly related to production or selling of goods, investor - A person that puts money into a startup or small business with the intent of receiving a portion of the profit from the business, pitch - A presentation by one or more people to an investor or group of investors, with the hope that the investor will provide financing to the company, product - When a business manufactures an item for the purpose of selling and earning a profit, service - When a business sells a helpful action or form of assistance for the purpose of earning a profit, fundraising - Seeking to generate voluntary financial donations, without the intent of repaying the money or returning any profit to the donator(s), small business loan - A large amount of money lent (usually from a bank, and must be repaid) to an entrepreneur in order to launch a new business venture, small business - A type of business with low-risk, a small number of employees, is locally owned and has no intentions of growing larger or incorporating into a company, startup - A type of business that starts small but intends to grow much larger and more successful by generating a large popularity and profitable income, business insurance - Coverage that protects businesses from losses due to events that may occur during the normal course of business,

Entrepreneurship Vocab

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