business
Is an overview of business goals and includes details on how you think you are going to achieve them.
business plan
The process of starting a new business biased upon the opportunities and needs of your target, market or local area
entrepreneurship
amount a company owns
liabilities
an estimate of income and expenditures for a set of period of time
budget
a business owned by one person
sole proprietorship
Someone who starts a runs a business
entrepreneur
offerees assistance to customers, for example a show repair shop
service
is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large
Marketing
is a quick description of your business that you use to explain it to customers and investors
business pitch
operating expenses that a business must pay regardless of how many sales are made
fixed operating expenses
a condition under which a person or corporation is declared unable to pay debts
bankruptcy
a person or business that you purchase goods from
Retailers
is when a business expenses and sales equal zero because the business has sold exactly enough until to cover it's fixed expenses
Break-even point
A business owned by two or more people
a business in your market that sells a product or service similar to yours
direct competitor
the money generated from normal business operations, calculated as the average sales price times the number of units sold.
Revenue
the finances required by a new business to pay essential fixed and current assets before it can open for business
start-up capital
business entity that is usually owned by multiple stockholders and operates as separate legal entity
corporation
serves the same customer needs as another company but offers different products or services
indirect competitors
a group of people that have been identified as the most likely potential customers for a product because of their shared characteristics, such as age, income, and lifestyle
Target market