Personal Finance
What is a savings?
what is money put aside for a rainy day
The activity of making, buying, and selling goods or service
What is a business
What is an entreprenuer?
A person who organizes and operates a business or businesses.
What is a customer?
what is a person that buys goods or services from a business.
What is a 30-second explanation of your business?
What is a elevator pitch
A professional who is responsible for keeping financial records
What is an accountant?
What is a liability?
what is something that costs you money
What is customer persona?
A profile of a product's typical customer.
What is capital?
what is any type of tangible asset
What/who is the most important thing to invest in?
what is Yourself
What is net worth?
what is the value of what you own.
What is a asset?
what is property owned by a person or company.
What is niche?
a segment of the market for a particular kind of product or service
What is inventory?
what is a material/product that a company sells
What is the part of your pitch that catches your audience's attention?
What is the hook
How long should an emergency fund last you?
what is 3-6 months
What is debt?
what is money that is owed.
What is branding/marketing?
what is a name, term, design, symbol or any other feature that distinguishes one
What is a cash flow statement?
what is a document that states cash that comes in and out of a business
what is networking?
What is an action of interacting others to exchange information and develop professional or social contacts.
What are one of the three credit score bureaus?
what is Experian, Transunion, Equifax
What is revenue?
what is money provided by sales of a company
What makes your business stand out compared to others?
What is a competitive advantage (secret sauce)?
What is a balance sheet?
what is a financial document which includes assets + liabilities= equity
What is the difference between a grant and loan?
A loan is a money that is paid back with interest a grant is money that does not have to be paid back