Finances
This is the point point where a business's revenue matches its expenses over a given period.
What is a Break-Even Point?
This is an individual or business that purchases goods and services from a business.
What is a customer?
This is a tangible item sold by a business.
What is a product?
This is a new idea, product, or method.
What is an innovation?
This an individual who aspires to start and run a successful business.
What is an entrepreneur?
This is the costs a business has that remain the same no matter the volume of production.
What are fixed costs?
This consists of statistical data that refers to particular groups within a population.
What are demographics?
This is the amount of financial gain from a business.
What is profit?
This is the process of coming up with solutions to solve a problem.
What is problem solving?
This is the person that developed or created a company or organization.
What is a founder?
These are the costs incurred by a business.
What are acquisition costs?
This is a form of communication between businesses and customers which relays a message promoting services and/or goods.
What is marketing?
These is the amount of money charged for goods or services.
What are prices.
This is the level of willingness stop lose time and money when stating a business.
What is risk tolerance?
This is a preliminary product, commonly a product with minimum viability, from which to test and develop.
What is a prototype?
These are fluctuating costs that a business has depending on production.
What are variable costs?
This is the total cost of acquiring a new customer.
What are customer acquisition costs?
This is a persuasive speech prepared to entice a potential customer to purchase a service or good.
What is a sales pitch?
This is trusting ones self, goals, and progress.
What is self-reliance?
This is the method of sharing a start-up business online to pre-sell products.
What is crowdfunding?
This is a calculation used to measure a business's monthly cash flow.
These are activities or strategies employed by a business to retain existing customers.
What is customer retention?
This is how a business sells its products and services to the end customer.
What are sales channels?
What is critical thinking?
This is a corporation, partnership, or solve proprietorsip that is privately owned for like one person or someh=thing.
What is a small business?