ENTREPRENEURSHIP
A person who starts and runs a business.
Entrepreneur
The process of promoting a product or service.
Marketing
Money left after expenses are paid.
Profit
The relationship between buyers and sellers in a market.
Supply and Demand
A person who buys goods or services.
Customer
A written document outlining a company's goals and strategies.
Business Plan
A symbol used to represent a company.
Logo
Money a business earns from sales before expenses.
Revenue
A rise in prices across an economy.
Inflation
The amount charged for a product or service.
Price
Money provided by investors to help a business grow.
Funding
The specific group of customers a business wants to reach.
Target Market
Costs incurred while running a business.
Expenses
Products sent to other countries for sale.
Exports
A business that sells directly to consumers.
Retail Business
A business owned and operated by two or more people.
Partnership
Customer opinions collected to improve products or services.
Feedback
A plan showing expected income and spending.
Budget
The amount of goods available for sale.
Supply
The process of introducing a new idea or product.
Innovation
A company that becomes worth over $1 billion while still privately owned.
Unicorn Startup
A strategy used to make a brand stand out from competitors.
Brand Positioning
The point at which revenue equals expenses.
Break-even Point
The desire and ability of consumers to buy a product.
Demand
The act of combining two companies into one.
Merger