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Wilber started a tech business in his garage. During the start-up, Wilber and all of the starting employees did any tasks needed. The company has now moved from Wilber's garage and into a building and employs 50 people. Wilber is now separating all of the organizational activities into distinct tasks and assigning different tasks to different people. Wilber is engaged in creating
Action
A process or act of doing something, usually to achieve an intended outcome or goal.
Detailed Financial Projections
Comprehensive forecasts about a company’s future financial status and performance over a period of time.
Entrepreneurial Activities
Actions aimed at initiating, designing, launching, and running a new business or enterprise, often in the face of financial risk.
Business Plans
A detailed document outlining the objectives, strategies, financial projections, and target market for a new or existing business.
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