Understanding Business Chapter 6

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Entrepreneur

Desire to grow the business and generate wealth

Micropreneur

Desire to remain small and balance lifestyle with work

________ are entrepreneurs willing to accept the risk of starting and managing a business that remains small, lets them do the kind of work they want to do, and offers them a balanced lifestyle.

Micropreneurs

_____ businesses are businesses that are independently owned and operated, are not dominant in their field of operation, and meet certain standards of size in terms of employees or annual receipts.

Small

Wayne is starting a small business, but needs help with management training, financial advice, and loans. He should contact the _______ _______ ______.

Small Business Administration


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