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What can be called someone who is willing to take a chance in business with the hope of being successful and making a profit?

This person could be called an entrepreneur, who often starts his or her own business.


Distinguish between a business idea and a business opportunity?

A business idea is a potential solution to a problem or need that a customer or group of customers may have. A business opportunity, on the other hand, is a specific application of that business idea that has been identified as profitable. In other words, a business opportunity is a chance to make money by solves a problem for customers. To put it another way, a business idea is a potential product or service that a business can offer, while a business opportunity is a specific way to make money off of that product or service. Ideas can come from anywhere – they can be generated internally by employees or externally by customers. Opportunities, on the other hand, must be actively sought out. This can be done through market research, competitor analysis, and other means. Once an opportunity has been identified, a business must then determine if it


Do you need business license in California to operate vending machines?

Yes you need a business license to operate a vending machine business. Simply go to the City Hall where your business is based and apply, cost is usually under $75. Read my bio if you get a chance it might help to inspire you.


What is a business opportunity?

A business opportunity can mean different things to everyone. To me it means having the chance to do something that most people don't have the privilege of doing. Getting that opportunity is something that we shouldn't take for granted.


Why would an owner choose to buy business equipment insurance?

When someone owns a business, they often take the chance of their equipment being damaged, stolen, or breaking down. Business owners often times do not have the means to pay for new or fixed equipment out of pocket, this is why it is important for business owners to demonstrate an appropriate level of financial responsibility.

Related Questions

A is someone who is willing to take a chance in business with the hope of being successful and making a profit?

Entrepreneur


What person can be called someone who is willing to take a chance in business with the hope of being successful and making a profit?

An Entrepreneur .


Why is it important to consider an entrepreneur's personal finances when conducting the short and long term financial forecasts of a firm?

An entrepreneur, especially when starting out, is likely to either operate his or her business as a sole proprietorship or partnership. As such, an entrepreneur is both legally and financially liable for the business. If an entrepreneur is showing certain spending and banking habits that do more harm than good, then it is both a good indicator of how the entrepreneur will run- is is currently running- his/her business and a strong sign that the entrepreneur is very likely to pull money out of the business in times of trouble. While even the most organized and successful entrepreneurs will pull money out, a bank has reason to worry about lending if the entrepreneur frequently runs into problems that require withdrawals from the business, which might stagnate growth or even destroy the business. If an entrepreneur messes up their personal finances, they are much more likely to hurt their business's chance to grow and succeed, which could lead to the business closing its doors and the entrepreneur in deep financial troubles...


Which of these can be called someone who is willing to take a chance in business with the hope of being successful and making a profit?

This kind of person can be described as an entrepreneur, or a person who starts his or her own business.


What can be called someone who is willing to take a chance in business with the hope of being successful and making a profit?

This person could be called an entrepreneur, who often starts his or her own business.


Where can I invest my money>?

this is a great website if you would like to invest in small or medium business, you are given a chance to a entrepreneur who can not or doesn't want to get finance through a bank ; http://www.go4funding.com/funding.aspx


Someone that is willing to invest in a risky venture on the chance of making a large profit?

entrepreneur


Who can be called someone who is willing to take a chance in business with the hope of being successful and making a profit?

Someone who is willing to take a chance in business with the hope of being successful and making a profit can be called an entrepreneur. Entrepreneurs often take risks to innovate and create new products or services, aiming to fill a market need. Their willingness to invest time, resources, and capital in pursuit of their vision is a key characteristic of successful business leaders.


What is of most profitable home party business?

Some of the most profitable home party businesses are well-established and have been around for generations, such as Tupperware and Mary Kay. If you work hard, you will get a commission check and these businesses have a solid reputation. Innovative home party businesses such as Traveling Vineyard are also quite profitable. Wine practically sells itself and wine tasting is popular right now. The hostess prepares certain simple foods to serve with wine at the party. The average Traveling Vineyard Independent Wine Consultant books two more parties per gig, which is a great way to keep your home party business profitable. The best way to have a profitable home party business is to sell a product you believe in and can be enthusiastic about. Guests will want to buy the product. Conduct fun parties with games and prizes. This will improve your chance of getting future bookings.


Does the leasing agent have an obligation to suggest postponing the signing until the entrepreneur has a chance to consult with an attorney or an experienced entrepreneur?

Not at all. Your level of knowledge or experience only effects you and no other party is required to look out for you.


What are the reason why every typical entrepreneur can become a business manager but not all business managers can become entrepreneur?

Great Question and Observation! The entrepreneur is a self motivator, can function without guidance and usually can visualize what is needed to be done in a heartbeat. The business manager is a hired and trained person that typically would be lost in the world of the entrepreneur. 95% percent of our countries wealth is controlled by 5% of the people for this very reason. Our society is raised with the cancer called a job. We are told that you go to school, college included then you get a job. This is the nonsense that has so many people in debt and controlled by the credit card companies. Entrepreneurs know their time is more valuable than any hourly wage or salary a employer pays. They are not afraid to jump out of the boat (the comfort zone) and take a chance! My bio will explain my background if you are interested, thanks and once again a great question!Sincerely, Val


What are the odds of a business reaching 100 years old?

Well it really depends on what that business is. If it's a helpful and needing business then pretty good chance but if it's a clothing business then probably not a very well chance.