93709
Description
Mind Map by Charlotte Webber, updated more than 1 year ago
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Created by Charlotte Webber
over 11 years ago
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Enterprise
- Enterprise- a new business brought into a market
- Entrepreneur- a person who has an idea and sets up a business
- Characteristics
- Determination
- Passion
- Ability to spot
advantages and
disadvantages of
their business
- Vision, creativity, innovation
- Motivation
- Willing to take risks
- Determination
- Opportunity Costs- the next best thing that you could have chosen but did not
- Risks
- Bankrupt
- Failure
- Debt
- No Pension
- Copycats
- Bankrupt
- Rewards
- Life time achievement
- Gain goals
- Earn money
- Market monopoly
- Boss of own hours
- Provide
work for
families
- Life time achievement
- Government support
- Reduce business taxes
- encourage
business start ups
- make it easier to get finance
- Reduce business taxes
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