Entrepreneurship Chapter 9 Options for Funding

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Across
  1. 3. Expect everything to cost twice as much and take twice as long as you think it will; cut revenue projections in half
  2. 7. Money needed to support day-to-day business operations
  3. 8. The assortment or selection of items that a business has on hand to sell to customers at a particular point in time
  4. 12. One business grants a line of credit to another business for purchase of goods and services
  5. 14. Raising money for a business in exchange for a percent of ownership
  6. 17. Professional investors or investing groups who fund start-ups or business expansions
  7. 18. Private investors who fund promising start-ups
  8. 19. Borrowing money for business purposes, can help to start or expand a business
  9. 20. The initial expenses necessary to open doors of a business
  10. 21. Expenses that remain the same every month which includes salaries, mortgage payments, and insurance
Down
  1. 1. An asset pledged that will be claimed by the lender if the loan is not repaid
  2. 2. Cutting all unnecessary expenses and operating on as little cash as possible
  3. 4. Amount of ownership a person has in a business
  4. 5. A specific dollar amount that a business can draw against as needed
  5. 6. Measures the potential losses from producing more products that might not sell
  6. 9. Expenses that can change on a monthly basis which includes cost of advertising and utilities
  7. 10. Amount of revenue a business must generate in order to equal its expenses
  8. 11. Borrowing money from investors through a website, also know as social lending
  9. 13. The cash used to start the business
  10. 15. Measures the potential gains of producing more products that sell because the profit margin is higher
  11. 16. The exchange of goods or services for other goods or services, no money changes hands