a clearly articulated, general statement that describes future state of affairs and provides general direction, purpose or intent of what needs to be accomplished.
What is goal statement
100
an idea that has commercial value
What is opportunity
100
the four p's in business
What is product, price, place, promotion
200
what your business will do and why it will exist tomorrow and it has defined goals to be accomplished by a set date.
What is Vision Statement
200
intangible products
What is services
200
is in regards to distribution, location and methods of getting the product to the customer.
What is place
300
a formal summary of the aims and values of a company, organization, or individual
What is mission statement
300
the process of getting into and operating one's own business
What is entrepreneurship
300
concerns the amount of money that customers must pay in order to purchase your products.
What is price
400
A form of business when two or more parties go into business together and share profits, losses, and liability for the busines
What is Partnership
400
resources an entrepreneur needs to have when starting a business, including capital, skilled labor, management expertise, legal and financial advice, a facility, equipment, and most imprtantly, customers
What is start-up resources
400
are the goods and services that your business provides for sale to your target market.
What is product
500
a visual representation of your life goals
What is vision board
500
written document that describes all the steps necessary for opening and operating a successful business.
What is business plan
500
refers to the act of communicating the benefits and value of your product to consumers. It then involves persuading general consumers to become customers of your business using methods such as advertising, direct marketing, personal selling and sales promotion.