Junior Secondary · 8-9 · Career Education
What do we call a person who starts and runs their own business, taking on financial risk to pursue an opportunity?
An entrepreneur
What is a business idea or value proposition?
The core problem a business solves or the value it offers to customers
What do we call money invested in a new business, often from the founder's own savings or outside investors?
Startup capital (funding)
What is market research?
Gathering information about potential customers and competitors before starting or growing a business
Name one risk of starting your own business.
Financial loss, long hours, or uncertain income (any reasonable answer)
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