Entrepreneurial and Small Business Concepts
Major fast food company that uses the golden arches as its primary logo
What is Mc Donald's?
When creating a personal or business budget, the formula used to determine if you have a surplus or a deficit
What is Income - Expenses or Revenue - Costs?
When a company's total revenue exactly equals its total costs, meaning the business is neither making a profit nor incurring a loss. Or, how much product a company needs to sell to gain back their expenses on the product.
What is Break-even point?
A startup has a monthly revenue of $20,000 and monthly operating expenses of $50,000. What is____?($50,000 in expenses - $20,000 in revenue= $30,000 in _______).
What is Net Burn Rate?
This model has a shorter sales cycle driven by individual decisions and emotion, and is direct but product delivery timing may vary.
What is Business 2 Consumer?