Legal / Financial issues
ASIC
Who do I need to register my business name with?
Job description
What is a list of tasks the employees will do?
Price
What is the term for what a business charges for a product?
Target market
Who are we aiming our product at?
Policy
What is a written rule?
WHS / OHS
What is the name of workplace safety?
Job specification
What is the experience and qualifications needed for the job?
Place
Where does the business sell its product?
Demographic
What is the age, gender and income of customers called?
Procedure
How are rules enforced?
Separate entity
What is it called when business owners have separate accounts from their personal accounts?
Selection
What do you call choosing the best staff member?
People
What is another term for employees?
Decline
What is it called when a product is no longer popular?
Proximity
What is the term that means to be close to a supplier?
Budgeting
What is it called when you have a spending plan?
Induction
What happens on your first day of a new job?
Promotion
What is another word for getting awareness of a product?
Market Segmentation
What is it called when we break up the market into groups?
Balance sheet
What is a record of what the business owns and owes called?
Cash flow
What is money coming into and out of the business called?
Recruitment
What is the term for attracting job seekers?
Product
What is the term for the item being sold?
Brand identity
What do logos, colour schemes and names make up for a business?
Customer database
What is a record of customer names and addresses called?