Financing a Business
Marketing
Sales
Buying a Business/Franchise
Miscellaneous
100
The total amount of money you have been loaned
Principal
100
The art of communicating with your customers and prospects without selling
Content Marketing
100
At the top level of the prospecting funnel
Suspects/Target Market
100

Goodwill is an example of an _________ asset

Intangible

100

If a business carries an inventory of $30,000 and net revenue is $300,000, inventory turnover is

10

200
Angel investors are _____________ investors
Equity
200
5 P's of Marketing
Person, Place, Product, Promotion, Price
200
This tool keeps track of every every account you have, including the stage in the selling process and any notes 
Customer Relationship Management (CRM) database
200
Financial evaluation method that focuses on the current state of affairs rather than future earning capability of the business
Balance Sheet Method
200

If you want to cater to the ___________ market, you must consider demographic and psychographic characters

Consumer

300
Source of financing most commonly used by entrepreneurs 
Personal savings
300

The process of making it easy for sites like Google as well as anyone looking for your product or service to find your website 

Search Engine Optimisation (SEO)
300

A brief, persuasive speech that you use to spark interest in what your product or service

Elevator pitch
300
This method of evaluating the value of a business is often lower than others
Liquidation value
300

Breaking down large heterogeneous groups, into smaller homogeneous groups

Market Segmentation 

400
______________ is a secondary source of repayment for a loan if cashflow is insufficient
Collateral 
400
Changing the direction of where you are taking your business
Pivoting
400
Accounts that have a verified need of your product of service
Prospects
400
The two types of franchises
Product distribution and entire business format
400

Insurance that protects you from the loss of a senior team member

Key-Person Insurance

500
In Canada it is not necessary for a business to open a GST or HST account until their revenue reaches this amount
$30,000
500
A standalone page distinct from your main website, designed to guide your visitors to one spot
Landing page
500
Often the first person of contact who will screen you before contact with the decision-maker
Gate-keeper
500
Having the right to establish more than one outlet in a territory
Area franchise
500

Three main components of a debt financing agreement

Principal, Interest, Maturity