Chapter 7 Intro to Business

1234567891011121314151617181920
Across
  1. 3. Component of a business plan that refers to how a company will be organized
  2. 6. The potential of an action will not go as planned
  3. 7. An asset that a business owner pledges to give up if they do not pay back a loan
  4. 10. Skill in the area a person is operating a business in
  5. 12. Statement of profit expectation within a financial statement
  6. 13. Occurs when money is given to a venture by the purchase of stock of a business
  7. 15. Component of business plan that contains strategies for how a business will obtain start-up capital, identify resources needed, and assess the costs and benefits of resources
  8. 17. Component of business plan that contains a strategy for how the business will generate revenue
  9. 18. Starting a business that involves risks
  10. 19. The process of devising an idea, taking risks, and establishing a business
  11. 20. Entrepreneurs’ research into consumer preferences
Down
  1. 1. When an entrepreneur searches for opportunities to deliver new goods and services
  2. 2. Statement of projected expenses and revenue within a financial statement
  3. 4. The way a business finances its start up and growth
  4. 5. Projections of what the entrepreneur expects out of the sales and expenses of the business
  5. 8. A company’s expected net worth
  6. 9. When an entrepreneur takes out loans to finance business ventures
  7. 11. The money investors use to fund start-ups and forge partnerships with owners
  8. 14. An investor who makes a one-time startup gift to a business venture
  9. 16. A leadership skill that involves setting goals with methods to accomplish them