BICS Entrepreneurial Glossary

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Across
  1. 3. The money a business makes from the sales of the products or services of the business.
  2. 5. When a business makes fundamental changes based on feedback from their customers.
  3. 6. A business's total sales income for a year.
  4. 7. Things a business owns, e.g. buildings, vehicles stock, and money in the bank.
  5. 9. Refers to the words and symbols such as a name, logo, and slogan that represent a business' identity.
  6. 10. All the raw materials and finished goods owned by a business.
  7. 11. The number of customers that, after visiting a company's site or receiving its newsletter, turned into paying customers
  8. 12. A benefit that a business offers to its customers that its competitors do not.
Down
  1. 1. The act of giving someone a job. The term can also be used to describe renting a piece of equipment.
  2. 2. Plan A written document describing in detail how a business will assume to achieve its objectives and direct itself, both operationally and financially. The document will be updated regularly.
  3. 4. Any activity a business does to try and contact potential customers.
  4. 8. Things a business wants to achieve.