Business Terms

2. when your costs of something is more then you profit
4. resources owned by a business
5. Market A specific group of people ( ex. 20-30 year old females )
12. a person who takes the risk of turing an opportunity into a profit
13. cash or capital from friends and family
15. gives a creator a sole right to create, produce and sell a certain product
16. the amount of money need to start and run your business
17. the amount of the selling price of a product that is above the cost of the product or service the business is selling
18. is a ratio of the amount of money earned or lost compared to the amount of money invested
19. a system using bars and numbers to identify products
20. A function that is provided by the business

1. that which are produced and then sold or bought
3. Plan a written document that explains all the aspects of a business.It is used by an Entrepreneur for planning purposes, by the investors to see if the business will make a profit
6. advertising or other activity designed to rouse public interest in a particular product or business
7. Paid communication through a medium
8. the record of ones ability to pay back loans,credit card balances extc.
9. communication sent to media agencies (for ex. Tv, Radio, Newspapers)
10. when your sales are greater then your costs
11. a person who buys a franchise
14. a memorable phrase used in advertising, politics or other contexts as a repetitive expression