business venture

Definition

Start-up entity developed with the intent of profiting financially. A business venture may also be considered a small business. Many ventures will be invested in by one or more individuals or groups with the expectation of the business bringing in a financial gain for all backers. Most business ventures are created based on demand of the market or a lack of supply in the market. Needs of consumers are identified for a product or a service and the entrepreneur and investors will proceed to develop the idea, market the idea, and sell the product or service developed.

Use business venture in a sentence

  • The business venture was conceptualized during the meeting last Monday and it was executed the following week, flawlessly, for a profit too.

    Was this Helpful?   (25)   (0)
  • You need to understand what the risks and rewards are for any new business venture and proceed cautiously at first.

    Was this Helpful?   (25)   (0)
  • When the brothers inherited a large sum of money for their parents' estate, they decided to join together in a business venture to invest the money in the same project.

    Was this Helpful?   (25)   (0)
Show more usage examples...

Related Videos




http://www.businessdictionary.com/definition/business-venture.html

Have a question about business venture? Ask for help in the
Community
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z