Definitions
An order to remove or repair unsafe products in the market.
Recall
Where do we work?
Bluemkes
What does the S stand for?
Specific
What industry has the most entrepreneurs?
What is collateral?
An asset pledged that will be claimed by the lender if the loan is not repaid
A legally binding agreement between two or more people or businesses.
Contract
What's Ava and Elsies favorite color?
PINK
What does the M stand for?
Measurable
What is the most common age group to become an entrepreneur?
45-55 years old
What are assets?
The property or items of value a business owns
A list of all employees working for the business and their earnings, benefits, taxes withheld, and other deductions.
Payroll
Who drives a silver car?
Elsie
What does the A stand for?
Attainable
What are the 5 P's of entrepreneurship?
Purpose, Profit, People, Passion, Persistence
What are products?
Good and services sold
An item, or items, bought with the intention of reselling to customers.
Merchandise
Are we fake blondes?
Yes
What does the R stand for?
Relevant
Who is most likely to be an entrepreneur? Male or female?
Male
What is a written statement of goals and objectives for a business with a strategy to achieve them
Business plan
A financial plan that reflects anticipated revenue and shows how it will be allocated in the operation of the business.
Budget
Who runs cross country
Ava
What does the T stand for?
Timely
What is an entrepreneur?
A person who starts a new business or purchases an existing business
What are start up strategies?
Start a new business, purchase existing business, buy franchise