Across
- 1. costs that are constant no matter how good business is
- 4. Sets out specific details about the business being set up
- 6. things a business is trying to achieve
- 10. help to interpret financial data (GPM and NPM)
- 13. costs that change when the business changes
- 16. net profit / sales x 100
- 17. term used to explain how a business works
- 19. when costs are greater than revenue
- 20. someone who starts and runs their own business or enterprise
- 21. gross profit / sales x 100
Down
- 1. money needed to start the business
- 2. determined, creative, risk taker etc
- 3. seeing the need for a particular product/service
- 5. revenue minus variable costs
- 7. comparing the profitability of an investment
- 8. things a business needs to make it work
- 9. costs of operating the business
- 11. fixed costs plus variable costs
- 12. making profit / surviving / good customer service
- 14. revenue minus total costs
- 15. where a business sells their goods / services
- 18. quantity sold x selling price