COMMERCE 1E03 Chapter Notes - Chapter 7: Angel Investor, New Idea
Document Summary
Chapter 7 notes entrepreneurship & starting a small business. Is accepting the challenge of starting and running a business: entrepreneurial ventures differ from small businesses in the following four ways, amount of wealth creation, speed of wealth creation, risk. Immigrants some immigrant who come to canada lack education & language, however they often have the drive and desire to succeed: you may have a business idea that is a good opportunity if: You have the skills and resources to start a business. You can sell the product or service at a price customers are willing and able to pay and still make a profit. You can get your product or service to customers before your window of opportunity closes. 1: since the 1970"s a large number of women have gone into business for themselves, studies have shown a variety of reasons for the significant emergence of female entrepreneurs: