For Beginners
The primary goal of all businesses.
To earn profit.
Considered by many to be a Genesee County landmark, this restaurant has served the same signature prime rib since 1979.
The Red Osier Landmark Restaurant
Introduced in 1995, this ecommerce platform boldly billed itself as "Earth's biggest bookstore".
Amazon
Two decades after its founding, Amazon's market value was $250 million; the world's most valuable retailer.
An APR, or annual percentage rate, is a rate of this.
Interest
Birthplace of WNY
Batavia
A person who risks both time and money to start and manage a business.
Entrepreneur
Paranormal activity has been rumored to exist in this historic building for almost two centuries.
Rolling Hills Asylum
Ecommerce set a new record in 2017 when online sales broke 6.5 billion on this annual shopping day.
Cyber Monday
Personal income minus taxes is DPI, this type of personal income.
Disposable
Outdoor adventure awaits you at this 10,818 acre sanctuary to bald eagles, wildlife, and Canadian geese.
Iroquois National Wildlife Refuge
3 word term for keeping your finances in order or joining 2 opposite extremes of a rope.
Make ends meet
Known as the world's first business incubator, it opened in Batavia in 1959.
Batavia Industrial Center (The Harvester Center)
Launched in 2005, this online marketplace allows crafters and smaller sellers to sell products (including digital products) to a 24/7 buying audience.
Etsy
From the French for "allow to do", it's the doctrine of governmental non-interference in commerce.
Laissez-faire
4 Basic Principles: An individual is a society's basic unit; individuals have the fundamental right to be free; nature is self-regulating; corporations are "creatures of the state" that must be watched carefully by the public.
This type of fertile soil has made Genesee one of the principle counties in the nation for growing beets and onions.
Muck soil
A business has to control this part of its budget, a term for fixed costs like rent, electric and other expenses.
Overhead
From the top of the Predator to the bottom of the Grand Carousel, there's excitement for every family member here.
Six Flags Darien Lake
This is the largest demographic of online shoppers (67%), with baby boomers close behind (41%).
Millennials
Including currency and other liquid assets, it's the total amount of cash available in a given economy.
The money supply
This 1815 Greek Revival building was headquarters for the original owners of Western New York.
Holland Land Office
This budgeting rule, a favorite among financial experts and budgeting beginners, works by breaking your spending into three key categories.
50-20-30
Living expenses-50% (rent, utilities, food) Savings and investments-20% (retirement, debts) Discretionary spending-30% (entertainment, travel)
Meet and greet with animals, hop on the rides, enjoy some classic foods, at this annually attended event held in July.
Genesee County Fair
This service rode a pandemic-fueled surge in ecommerce deliveries to residences during the second quarter of 2020.
UPS
Failure to minimize cost is called "X-inefficiency" and is often caused by lack of this, as in a monopoly.
Competition
Without competition, companies are not inspired to improve efficiencies and minimize costs to consumers.
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Genesee Valley Penny Saver