Business
Who made the iPhone?
Who is Steve Jobs?
LLC stands for...
What is Limited Liability Company?
Something you own that brings you money
What are assets?
Doing business online
What is E commerce?
An organization that operates with the intention of making a profit
What is a business?
Who made Disney?
Who is Walt Disney?
Growth with a repeatable model
What is scalability?
Revenue minus expenses when the revenue is more than expenses
What is profit?
The amount needed to start to mark up my goods and services
What is 65%?
A business sells to consumers as their target market
What is Business to Consumer? (B to C)
Who made Microsoft?
Who is Bill Gates?
This type of organization is subject to double taxation
What is C Corporation?
Overhead or payments, costs incurred
What is expense?
Exchange of money for goods
What is sales?
A business sells to other business as their target market
What is Business to Business? (B to B)
Who is a famous female talk show host?
Who is Oprah Winfrey?
A low budget approach to marketing that relies on ingenuity, cleverness, and surprise rather than traditional techniques.
What is Guerrilla Marketing?
Revenue minus Liabilities
What is income?
A person or business who provides a product or service
What is a supplier?
The sum total of all the buyers and sellers in the area or region under consideration.
What is Market?
Who made Ford Motor Company?
Who is Henry Ford?
The amount or quantity of goods or services that consumers are willing and able to buy
What is demand?
The value of all you own after you subtract liabilities
What is net worth?
A meeting where you present your business to an investor in order to get them to give you money in exchange for giving them a part of your company, or money to grow your company
What is a pitch meeting?
A business with a physical location
Brick and Mortar