The Business Idea
Across
- 4. a license that allows a business exclusive rights to innovative devices, methods and processes
- 8. is a good or service that is not being met by any business
- 10. area on which a business can trade services and goods which can include overseas customers
- 13. non-negotiable payment made to the government
- 14. wanting to be in control of any decision and action
- 15. is the revenue left over once all expenses are deducted
Down
- 1. are the creation and improvement of tools that address issues and improve procedures.
- 2. to fund a desired lifestyle without wanting to rely on an individuals income
- 3. creating new ideas or improves on a past good or service
- 5. Researching potential costs of running a business and seeing if the customers can support the business
- 6. an investigation done by a business to analyse the behaviours of customers and competitors
- 7. the process of establishing a business to satisfy a need in the market whilst taking on the associated risks.
- 9. goals which set out to aid the community, the environment and the welfare of employees
- 11. understanding the legal requirements of running their business and how to continuing to comply to with those regulations
- 12. certain objectives the business wants to be done in a specific timeframe