Business Planning
This section of the business plan is concerned with financial topics
What is the Business Finance Section?
The financial statement that tracks income
What is the Income Statement
FC is stands for
What is Fixed Costs?
the wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.
What is the Economy?
The monetary value a customer pays
What is Price?
A Business Plan is one of the first steps for an entrepreneur developing this
What is a venture?
BEP is an acronym which means
What is Break Even Point?
There are 2 certainties is life; Death and ________.
What is Taxes?
The total expenditure incurred by a business.
What is Cost?
In a for profit business, an achievable break even point can be a strong indicator of this
What is Feasibility
Bank loans are an example of this type of account on a balance sheet
What are Liabilities?
The Break Even Point represents the point where the business becomes this
What is Profitable?
Rupees, Euros, Rubles, Baht, and Wan are all examples of _________.
What is Currency?
In the topic of business finance, this type of cost is one that does not change no matter the production volume.
What is Fixed Costs?
This term refers to the money a business owner invests into starting or growing the business
What is Start Up Capital?
The financial Statement that tracks income comparatively across financial periods
What is Comparative Income Statement?
VC stands for variable costs and TVC stands for
What is Total Variable Costs?
The S & P 500 is stock market index based on companies from this country
What is the United States of America
This type of costs fluctuates directly with production output
What is Variable Costs?
When Start Up Capital is provided by an owner or investor, then it is an example this type of account
What is Owner's Equity?
The 3 sections on a balance sheet are
What are Assets, Liabilities, and Equity?
The formula for the Break Even Point
What is Fixed Costs over Selling Price minus Variable Costs?
In Accounting, this account keeps track of a company sales
What is Revenue?
The relationship between supply and costs is characterized as a ________ relationship
What is Inverse?