definition
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100

the process of starting a new business based upon the opportunities and needs of your target market or local area

entrepreneurship

100

A business owned by two or more people 

partnership

100

An estimate of income and expenditure for a set period of time

Budget

100

is a quick description of your business that you use to explain it to customers and investors.

Business pitch 

200

someone who launches a new company, often with fresh ideas

entrepreneur

200

skills needed to be effective in any job market and workplace

employability skills

300

Money and other valuables belonging to an individual or business

Assets 

300

is an overview of your business goals and includes details on how you think you are going to achieve them

business plan

400

verable expenses 

expenses that vary from mouth 

400

operating expenses that a business must pay regardless of how many sales are made.

Fixed operating expenses

400

amount a company owes

Liabilities 

500

is an overview of your business goals and includes detiles 

500

is when a business's expenses and sales equal zero because the business has sold exactly enough units to cover its fixed expenses.

break even point 

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