Startups
A person who starts and runs their own business
Entrepenuer
A short and catchy phrase used to promote a brand is called this.
A Slogan
This company owns Instagram and Facebook.
Meta
Money a business makes from sales
Revenue
The profit if a product costs 20 dollars and you sell it for 30 dollars
10 Dollars
This document explains a startup’s goals, target market, and finances.
Business Plan
A term that describes a company’s public image and identity. It can include a logo and messaging.
A Brand
This Business has a green mermaid logo.
Starbucks
Revenue minus expenses
Profit
The sale price if a store offers 25 percent off a 80 dollar jacket.
60 dollars
Investors who provide funds to startups in exchange for ownership.
The group of customers a company wants to sell to.
A target market
A box with a smiley face
Amazon
When you spread the cost of equipment over several years
Depreciation
The markup percentage if a company sells a product for 50 dollars and costs 30 dollars to produce.
66.7%
A term that describes the rate that a startup spends its cash before it begins to generate profit.
Burn Rate
This term describes the four key parts of marketing: product, price, place, and promotion.
Marketing mix
This streaming company originally started by mailing DVD's
Netflix
A company has 500,000 dollars in revenue and 350,000 dollars in total expenses. Calculate the profit margin percentage.
30%
The amount of units that must be sold if a company has fixed costs of 10,000 dollars and makes 20 dollars profit per unit sold.
500 units
The worth of a company if an entrepreneur offers investors $250,000 for 20 percent of their company. What is the technical term?
1.25 million, Evaluation
A company notices that its target audience loves eco-friendly products, but its competitors are also promoting similar features. As a result, the company highlights unique materials and sustainable production methods in its ads. What advanced marketing strategy is the company using?
Differentiation
This company was originally called Blue Ribbon Sports before changing its name in 1971.
Nike
This metric measures how efficiently a company uses investment money to generate profit, usually shown as a percentage.
Return on Investment
The amount of money you have after two years when you invest 2,000 dollars at 5 percent annual interest compounded yearly.
2,205 dollars