Entrepreneurship Terms 1
what is a person called who starts a business
Entrepreneur
the amount of money that you earn
Earning Income
the amount of money you start a company with
Start-Up Capital
who and how you sell to people
Marketing
what are skills that a useful in jobs
Employability Skills
when you run out of money
Bankruptcy
is used to show investors what your business is about and how it works
Business Pitch
you use this during interviews to show what you have experience doing and what you want
resume
working with people
cooperation, collaboration
the amount of money you can spend
Budget
a chance for being able to make a business
Business Opportunity
You should include this with your resume when applying to a job
cover letter
when you own a company with 2 people
Partnership
expenses that don't change month to month
Fixed Expenses
paying back a investor
ROI (Return on Investment)
when one person owns a company and are also the company
Sole Proprietorship
the group that you advertise to
Target Market
expenses that change often
Variable Expenses
when a company are not liable to any thing
you will most likely sign a contract
Limited Liability Company (LLC)
a chance for a business to work
its a bit of a gamble
Business Venture