Business Terms

1. the value of what a business owes to someone else.
4. the value of everything a company owns and uses to conduct their business.
5. the act of organizing and conducting a business to accomplish goals and objectives.
7. a category of like businesses.
9. revenues minus expenses.
12. the total value of a business.
14. a onetime expense that doesn’t vary with business volume.
15. a system that provides quantitative information about finances.
16. expenses that change in proportion to the activity of a business.
19. something produced or manufactured to be sold; a good.
20. the entire amount of income before expenses are subtracted.
22. the ratio of profit divided by revenue displayed as a percentage.
23. the process of promoting, selling and distributing a product or service.
24. how much money a business gets in return from an investment.
25. a formal agreement to do work for pay.

2. someone who organizes, manages and takes on the risk of starting a new business.
3. an organization that operates with the intention of making a profit.
6. an organization that provides supplies to a business.
8. a potential customer.
10. the amount of time it takes to recover the initial investment of a business.
11. the degrading value of an asset over time.
13. money spent on supplies, equipment or other investments.
17. a specific group of customers at which a company aims its products and services.
18. the management and allocation of money and other assets.
21. work done for pay that benefits another.