Business knows
The process of starting a business based upon opportunities in local areas
What is Entrepreneurship
Thing or something YOU own
What is Assets
When expenses and sales equal zero because the business has sold exactly enough units to cover its fixed expenses.
When one may be liable for something
Liabilities
Some one who manages their owns a business.
What is an Entrepreneur
Set amount of money that you are expected to follow
What is a budget
Controlling expenses that a business must pay regardless of how many sales are made.
What is Fixed Operating Expenses
A valuable return
Profit
An overview of goals for a business to thrive.
What is a Business plan
Finances required to pay fixed essential and current assets before they open
What is a start up capital
Single operated business
Sole proprietorship
Money available when running a business
What is working capital
Brief description of the business that is used for the target market.
What is a Business pitch
A condition under which a person or corporation is declared unable to pay debts
Stockholders are needed to preform a legal business
What is cooperation
Activities that involve persuading a citizen to buy your product
What is marketing