Entrepreneurship Vocab

a new business undertaking that 

involves risk

• Venture

• Small business

• SBA

• Virtual business

• an independently owned business that usually has the owner as its manager

• Vision statement

• Small business

• Business plan

• Executive summary

a U.S. government agency that protects the interests of small businesses

• Logo

• Venture

• SBA (Small Business Administration)

• Mission statement

a business that operates 

on the Internet

• Small business

• SBA (Small Business Administration)

• Business plan

• Virtual business

a written description of a new business venture that describes all aspects of the business

• Vision statement

• Mission statement

• Business plan

• Executive summary

a brief account of the key points contained in a business plan

• Small Business

• Executive summary

• Logo

• Venture

establishes the scope and purpose of a company and reflects its values and beliefs

• Vision statement

• Mission statement

• Business plan

• Executive summary

expresses the specific aspirations of a company and the goals it will try to reach

• Business plan

• Executive summary

• Mission statement

• Vision statement

a name, symbol or trademark designed for easy recognition

• Venture

• Business plan

• Small business

• Logo