1. What describes a small business?

Small business is defined as a privately owned corporation, partnership, or

sole proprietorship that has fewer employees and less annual revenue than a
corporation or regular-sized business. Small-scale businesses employ smaller teams of
employees than companies that operate on larger scales. The smallest businesses are run entirely
by single individuals or small teams. A larger small-scale business can often get away with
employing fewer than one hundred employees, depending on the business type. Small businesses
are either services or retail operations like grocery stores, medical stores, tradespeople, bakeries
and small manufacturing units. Small businesses are independently owned organisations that
require less capital and less workforce and less or no machinery.

2. What characterizes a small business?

3. How do small businesses contribute to the Philippine economy?

4. How do you evaluate a venture capital investment?

5. What is VCs analysis?

6. What are the main characteristics of venture capital investment?

7. What are the factors determining venture investment?