Entrepreneurship Vocab

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Across
  1. 1. The money a business spends to operate
  2. 5. The total money a business earns from sales
  3. 6. costs Expenses that change according to how much a business produces or sells
  4. 8. proposition The main benefit a product or service offers customers
  5. 9. The money left after total costs are subtracted from revenue
  6. 11. margin Profit expressed as a percentage of revenue
  7. 13. The point at which total revenue equals total costs
  8. 14. Someone who starts and develops a business
Down
  1. 2. market The specific group of customers a business wants to reach
  2. 3. research The process of collecting information about customers and competitors
  3. 4. An estimate of future sales or business performance
  4. 7. A situation that creates the possibility for a business idea
  5. 10. costs Expenses that generally stay the same regardless of sales volume
  6. 12. strategy A business's approach to deciding how much to charge
  7. 15. A short presentation designed to persuade people to support a business idea