2.
A business is an organization that provides
products or services, usually to make
money.
A person who works in a business owned by
someone else is an employee.
Someone who creates and runs their own
business is called an Entrepreneur.
4.
Entrepreneurs
When an entrepreneur
begins a business risk is
involved.
The investment that is
made by an
entrepreneur is money,
time, energy.
“Nothing ventured,
nothing gained”
Employees
Less risk than being an
entrepreneur.
Required to perform
tasks that the
entrepreneur, or
manager requests.
5.
When people think of business they often focus
on large companies like Ford, Microsoft, and
Nike.
More businesses are considered small than
large.
Small Businesses = 100 employees or fewer
(less than 500 in the case of manufacturing
businesses)
Employ over half of the United States private
workforce and create about 64% of new jobs.
6.
When people think of business they often focus
on large companies like Ford, Microsoft, and
Nike.
More businesses are considered small than
large.
Small Businesses = 100 employees or fewer
(less than 500 in the case of manufacturing
businesses)
Employ over half of the United States private
workforce and create about 64% of new jobs.