An employee is a person who works for an employer in return for a wage An employee carries out the essential tasks to make the…

Eventually, entrepreneurs will need to hire staff to help run the business, therefore they becomeemployers. An entrepreneur may not have the skills needed to run…

An investor is a person who gives the finance (capital) required for a business in exchange for a returnin that business. This is called equity…

Those setting up new businesses are called entrepreneurs They must take the initiative (identify a gap in the market) to set up a new good…