Finances
What is the term for total money earned from sales?
Profit
The group of people most likely to buy your product
Target market
Creating something new or improving an idea
Innovation
The cost of running a business
Expenses
Promoting a product to attract customers
advertising
The chance of losing money or failing
Risk
Money left after paying expenses
Profit
The image name and style that represent your business
brand
Money put into a business to help it grow
Investment
A plan for how to spend and save money
A budget
The unique value a product offers to a customer
Value proposition
Price change is dependent upon how much people want a product and how much is available
Supply vs demand
The money used to start a business
Capital
The process of studying consumer needs
market research
The written document describing your business goals and strategy
Business Plan