Starting a New Business

About a halft of entrepreneurs start their businesses in industries in which they have some .............. .

Reasons that make people think about owning a business of their own.

Many business leaders begin their careers as ............. .

In colleges there are programmes that teach students how ............... .

Evidence shows that people who come from families whose members were in business themselves are more likely to start their own companies.

Learning while working for someone else provides :

Unfortunately, the record shows that two out of three new businesses ............... within their first four years.

The problems that small businesses facing at the time were :

Innovations in small businesses are the .......... of new jobs and new opportunities for entrepreneurs.

Large and small businesses organise in different ways to meet their objectives.

Where is entrepreneurship most likely to be welcomed? In a .............. .

In a large business the tasks of organising and operating are done by many ..............

Because of the tremendous resources available to a big business, a major failure in a large corporation is more likely to close that business than a similar disaster in a small business.

You can use your business plan as a ....................l in dealing with important relationships including your leaders, investors and banks.

The best way to learn about your prospective business is to ............ for someone else in that business before beginning your own.