A Entrepreneurship is the process of starting a business based upon what the people want.
what is entrepreneurship
A business owned by one person
what is sole Proprietorship
When you gain money from an activity or investment
what is an profit
what is an bankruptcy
When the company doesn't have any money left
Someone who starts and runs their business
what is an entrepreneur
Business Group that is usually owned by multiple people and plays as a separate legal group
what is an corporation
Define Start-Up Capital
The money required by a new business to pay for items before it can open for business
what is an start-Up Capital
Where a company’s total profits is similar to its cost.
what is an break-even point
Is an overview of your business and includes details on how you think you are going to achieve your goals.
what is an business plan
Valuable resources like house,car.
what is an assets
An estimate of income and price for a set period of time.
what is an budget
The money use for paying the people's daily cost
Define Working Capital
Is a quick description of your business that you use to explain it to customers and investors.
what is an business pitch
Is a legal or financial responsibility for something, such as your debt,obligation, or any base damage
what is an liabilities
When two people work together
what is an partnership
Company costs remain the same
Define Fixed Operating Expenses