Entrepreneural Concepts
Setting up a business with the aim to make a profit.
What is Entpreneurship
Prospecting, Handling Objections, Closing, Presentation
Elements of a Sales Process
B2B
Business to Business
paid to a salesperson for every sale that he or she makes
Commission
This U.S. government agency would be helpful with assistance writing a business plan
Small Business Administration
a one-page business plan layout for a business idea.
Lean Canvas
3 Segments in a marketing plan
Behavioral
Geographic
Demographic
pathways businesses use for selling their products and services to consumers
Business (Sales) Channels
anything that has current or future economic value to a business
Asset(s)
Concept that an author or inventor owns the legal rights to a manuscript, image or invention.
Intellectual Property
a detailed document showing a business's objectives and strategies
Business Plan
the process of getting potential customers to buy your products.
Customer Acquisition
a third-party service provider that processes & ships products your customers have purchased
Fulfillment Center
Ownership interest in a business that may be offset by debts or other liabilities
Equity
This is the simplest business entity
Sole Proprietorship
visual presentation that helps potential investors learn more about your business.
Pitch Deck
group of customers in which a business aims its marketing efforts
Target Market
the making of articles on a large scale using machinery
Manufacturing
What you owe others. Found on a balance sheet.
Liabilities
Federal agency responsible for reducing impact a business may have on the environment
U.S. Environmental Protection Agency
Test, define, prototype, emphasize, ideate.
Elements of Design Thinking
why customers should do business with you rather than your competitors
Value Proposition
building a car, shipping it to its destination, and having a consumer buy it is an example of this concept.
Production & Distribution
Bootstrapping, Credit Cards, Crowdfunding, Loans, Angel Investors, Venture Capital
Ways of startup funding
Abbreviations assigned by this organization to describe permissions to use copyrighted material.
Creative Commons