Entrepreneurship Vocabulary Words

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Across
  1. 3. A recognizable sign, design, or expression that identifies products or services of a particular source.
  2. 5. Proprietorship: A business owned and operated by one person, which is easy to set up but carries unlimited personal liability.
  3. 9. A form of intellectual property protection that gives the inventor exclusive rights to a product or process.
  4. 10. Relations (PR): The professional management of communication to protect and enhance the reputation of a business.
  5. 12. The process of one company taking ownership of another business.
  6. 14. A legal entity that is separate from its owners, providing limited liability and having the ability to issue stock.
  7. 16. Capital (VC): Financing provided by investors to startups and small businesses that are believed to have long-term growth potential.
  8. 17. The combining of two separate entities into a single new organization.
Down
  1. 1. The business practice of hiring an external party to perform services or create goods that were traditionally performed in-house.
  2. 2. Liability Company (LLC): A corporate structure that combines the pass-through taxation of a partnership with the limited liability of a corporation.
  3. 4. Marketing (MLM): A business strategy in which distributors earn commissions from selling products and recruiting new distributors.
  4. 6. Valuation: A process used to determine the total economic value of a company and its assets.
  5. 7. A formal estimate or evaluation of the market value of a business or specific asset.
  6. 8. Contractor: A person or business that provides goods or services to another entity under a contract, but is not an employee.
  7. 11. Alliance: A collaborative agreement between two or more firms to pursue a set of agreed-upon goals while remaining independent.
  8. 13. Venture: A business arrangement where two or more parties collaborate and share ownership, risks, and rewards on a specific project.
  9. 14. Direct Marketing: A marketing technique that cuts out intermediaries to communicate and sell directly to the end consumer.
  10. 15. The process of building and utilizing professional relationships to support business growth and opportunities.