Entrepreneur Start
What is the meaning of entreprenuership?
A set up business that's hoping for profit.
How many people are in a partnership?
2 or more
What is a Start-Up Capital?
The finances required by a new business to pay for essential fixed and current assets before it can open for business.
What does it mean to go on a budget or have one?
Setting up on how you would use your income with expenses
What is a entrepreneur?
Someone who will take a financial risk for their business.
How many people are in a sole
A business that is owned by one person
What does it mean to have bankruptcy?
The idea of being bankrupt or lack of value
What does it mean to have liabilities?
To be liable or forced by law for what they do
A formal organization being organized
Business Plan
What is a corporation?
A law group that has rights, carries on an activity with multiple stockholders
Getting a point when profits cost are the same.
Break-Even Point
What happens when a business get profit?
Its benefiting you more than what you gave
How does a business plan help your business
it gives a quick description of your business to explain to customers and investors
What is described when an item or something I valued or needed?
Assets
What does Working capital mean?
Money needed for business while running
An action or function of serving someone or something
Service