An entrepreneur is the person that recognizes a business opportunity. Some key characteristics of entrepreneurs include: - Being the boss and doing what you enjoy through building your own enterprise. - Fully taking responsibility for your business as the owner. - Creating a vision statement to establish the scope and purpose of the business. - Developing a business plan with key sections like an executive summary, company description, product/service plan, and financial plan.

1. Characteristics of an EntrepreneurHow many can you name?

3. How much do you know?

4. You have 3 minutes to cheat!

6. Paper

8. True or False FALSE

9. Answer What percentage of US firms are small businesses?

10. True or False 99%

11. True or False A small business is independently owned and usually employs fewer than 200 people.

12. True or False FALSE

13. List Name 2 rewards to being an entrepreneur.

14. List Being the Boss Doing What You Enjoy Be Creative Build an Enterprise

15. True or false A challenge to owning your own business is being fully responsible for the business.

16. True or False TRUE

17. True of False A vision statement helps establish the scope and purpose of a business.

18. True or False TRUE

19. Answer What is an executive summary?

20. Answer Key points of the business plan that is no more than 1 page long and includes important information from each section of the plan.

21. Answer Name 5 parts of a business plan.

22. True or False Management Team Plan Company Description Product/Service Plan Vision and Mission Statements Industry Overview Market Analysis Competitive Analysis Marketing Plan Operational Plan Organizational Plan Financial Plan Growth Plan Contingency Plan Cover Letter Table of Contents Supporting Documents