Entrepreneurship

By: Braden Graham

What is an entrepreneur?

An entrepreneur is a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

5 characteristics an entrepreneur should have.

1. Passion

2. Perseverance

3. Resourcefulness

4. Open-mindedness

5. A learning nature

10 steps for starting your own business as an entrepreneur.

Step 1. Write a business plan.

Step 2. Get business assistance and training.

Step 3. Choose a business location.

Step 4. Finance your business

Step 5. Determine the legal structure of your business.

Step 6. Register a business name.

Step 7. Get a tax identification number.

Step 8. Register for state and local taxes.

Step 9. Obtain business license and permits.

Step 10. Understand employer responsibilities.