Business Administration - Entrepreneurship and Small Business EBM530 Chapter Notes - Chapter 1: Canada Revenue Agency, Small Business, Micro-Enterprise
28 Oct 2016
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Business model: the pattern of activities a company uses to make profit. Small business: an independently owned organization that exists to make profit for its owner(s), often measured as having fewer than 500 employees. Micro-enterprise: a very small business, usually measured as having fewer than fice employees: often family-based firms, typically have 1-2 people. Canada revenue agency (cra): a department of the federal government that acts as. Freelance: an independent service provider, not employed by any one company, and sometimes producing work before it has been sold. Entrepreneur: someone who risks money (or their own time and effort) to make a profit. Junk research: studies that are based on flawed logic or poor application of scientific methods: studies believing of born entrepreneurs. Take time to start making money: one partner will have to support the other, some solve this for spousal partnership. Together 24/7: less time for children, demanding at all times.
