Definition
Types of Business
Money
Business Roles
100

A person who starts and runs a business

Who is entrepreneurs?

100

A business owned by one person

What is a sole proprietorship?

100

Money a business earns after covering its costs

What is profit?

100

A business that sells products to customers

What is a retailer?

200

The process of starting and running a business

What is Entrepreneurship?

200

A business owned by two or more people

What is a partnership?

200

A plan on how to spend money

What is a budget?

200

A business that makes products

What is a manufacturer?

300

A plan that explains how a business will operate

What is a business plan?

300

A business owned by shareholders

What is a corporation?

300

Money a business spends

What are expenses?

300

A person who buys goods and services

What is a consumer?

400

Things a business owns that has value

What are assets?

400

A business that sells goods in large quantities to retailers

What is a wholesaler?

400

Money used to start a business

What is capital?

400

Work that is done for customers

What is a service?

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