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Page 1

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Checklist!!

Topic Tick
Enterprise and Entrepreneurs

Characteristics of a successful entrepreneur
Risk and reward
Opportunity cost
Motives for becoming an entrepreneur
Government support for entrepreneurs
Generating and protecting ideas

Sourcing ideas
Niche and mass markets
Franchising
Copyrights, patents, trademarks
Transforming resources into goods and
services

4 factors of production
Transformation…

Page 2

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Types of markets
Demand
Market segmentation
Market size, growth and share
Choosing the right legal structure for the
business

Unincorporated
Incorporated
Limited liability
Unlimited liability
Not for profit organisations
Raising finance

Ordinary share capital
Loan capital
Bank overdrafts
Venture capital
Personal sources
Locating the business

Technology
Infrastructure
The market
Government…

Page 3

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Total costs
Break even analysis

Contribution
Calculating break even output
Drawing break even graphs
Cash flow

Identify why businesses use cash flow
Cash flow forecasting
Cash flow statements
What does cash flow tell a business
Budgets

Setting budgets
Problems with budgets
Assessing business start ups

Objectives of business start ups…

Comments

bradlee

Great resource! Thank you :) x

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