Across
- 3. The amount of ownership a person has in a business. Entrepreneurs who start a business only using their own funds have 100 percent.
- 7. Cutting all unnecessary expenses and operating on as little cash as possible.
- 8. Expenses that can change on a monthly basis
- 12. The cash used to start the business.
- 13. Private investors who want to fund promising start-up businesses. They often have relevant business experience that will help the company.
Down
- 1. Raising money for a business in exchange for a percentage of the ownership.
- 2. Specially designed programs to help start-up companies innovate and grow.
- 4. Professional investors or investing groups looking to fund new start-ups or expansions of existing companies.
- 5. One business grants a line of credit to another business for the purchase of goods and services. The line of credit is most often 30 or 60 days.
- 6. Borrowing money for business purposes.
- 9. The initial expenses necessary to open the doors of a business. Some will be one-time costs, such as furniture, equipment, filing a DBA license, utility deposits, and the initial inventory.
- 10. The assortment or selection of items that a business has on hand to sell to customers at a particular point in time. It is also known as goods on hand.
- 11. Expenses that remain the same every month.