Financial Management
a condition under which a corporation/person is called unable to cover debts
What is Bankruptcy?
the action of creating a business based on the chances and needs of your planned market or near area.
What is Entrepreneurship?
What is Target Market?
way of selling products/managing and tracking data of sales and products produced/sold
What is Marketing?
is when a business’s expenses and sales equal nothing because it has sold precisely enough units/products to cover its fixed expenses
a business shared by two or more entrepreneurs
What is a Partnership?
way of tracking income and expenses received/given for a business
What is a Budget?
an opposing company that sells relatively close products resulting in opposed sales
What is a Direct Competitor?
finances required by a new business to cover for necessary fixed and current assets before it can open for work/business
What is Start-Up Capital?
a business owned by one entrepreneur
What is a Sole Proprietorship?
state of being responsible for debts/actions being performed by the business
What is Liability?
person or company that sells items in bulk or large quantities to sell to either customers or other companies
What is a Wholesaler?
managing expenses that a business must over regardless of how may sales/much money was made
What is Fixed Operating Expenses?
a person who starts a business and most likely takes risks to achieve a successful business
What is an Entrepreneur?
A useful person or object to fulfill a business goal.
What is an Asset?
a person or company that specializes in creating a product sold to other companies to sell to customers
What is a Manufacturer?