Easy
Creating a business and taking a _____
Provide blank and vocabulary word
Blank - Risk
Word - Entrepreneurship
Payed off house, Payed off car, Jewelry, etc.
Assets
Choose the definition
Retailers
A) Promote or advertise something to encourage or persuade something to happen or a person in a company.
B) art of presenting a business in a way that clearly communicates the value of the product or service
C) sell directly to the customer, for instance a local shoe store that gets it shoes from a different shoe companies
D) Property owned by a person
C
Samuel presents his business and product to business inventors.
What is Samuel doing?
Marketing
Fill in the blank & give an example of your own business.
Someone who takes the ____ to create, ___, and ______ a business
1. Risk
2. Run
3. Manage
Example Varies
Ex: A business that helps manage your bank account/money by giving you a personal assistant.
Money earned, minus the, Money Spent
Profit
Choose the word that matches the definition
finances required by a new business to pay for essential fixed and current assets before it can open for business
A) Fixed Operating Expenses
B) Start-Up Capital
C) Revenue
D) Variable expenses
B) Start-Up Capital
Explain the definition of Business Plan and create your own Business Plan.
Definition - is an overview of your business goals and includes details on how you think you are going to achieve them
Answer Varies
Ex:
Goals:
- Earn 80,000 dollars this month. I am going to market my business to more customers and sell what customers want.
- Partner with other businesses. I will offer a high price to partner with, and present my businesses strengths and how great we are.
- Open a new store. I will earn more money in sales and then buy a new store.
Fill in the Blank and provide the vocabulary word
Basic skills ______________
Blank varies
Ex: Basic skills needed for succeeding and being efficient at work, school, etc.
Word: Employability Skills
A factory creates technology.
What word is being described?
Manufacturers
Fill In The Blank For The Word Revenue
amount of _____ brought in by a _______ before any ________
1. Money
2. Business
3. Expenses
Fixed Operating Expenses
A) Expenses that do not change from month to month
B) Expenses that vary from month to month
A
Fill in the Blank and give vocabulary word
______ a company ____
1. Amount
2. Owes
Word: Liabilities
Providing ____ for someone like ______
Fill in blank and provide vocabulary word
Blank Varies
Ex: Work; Cleaning a house, Mowing a lawn, etc.
Word: Service
Fill in the blank for the word Business Pitch
is a quick ______ of your business that you use to _____ it to _______ and _______.
1. Description
2. Explain
3. Customers
4. Investors
Give the definition of Variable Expenses and examples of it.
Answer Varies
Ex: Expenses that vary from month to month
Examples: Entertainment, Car Repairs, and Doctor Bills