ENT Vocab Set 5

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Across
  1. 3. Tax levied on income at the state level.
  2. 5. When a business's expenses and sales equal zero because the business has sold exactly enough units to cover its fixed expenses.
  3. 12. the money you invest in the form of supplies, marketing, legal services, and other investments to get your business up and running
  4. 13. An evaluation of a company's internal Strengths, internal weaknesses, external opportunities in the market and external threats in the market.
  5. 17. A business model in which organizations such as home-delivery and subscription services market products and services directly to consumers and bypass traditional retail channels
  6. 19. A tax levied by the United States Internal Revenue Service (IRS) on the annual earnings of individuals, corporations, trusts and other legal entities.
  7. 20. A prediction of future sales over a specific period of time
Down
  1. 1. the potential for financial losses as a result of negative business decisions
  2. 2. Costs that do not change from month to month such as rent, mortgage, car payments and insurance.
  3. 4. a plan for spending and saving money based on a person's goals during a given time
  4. 6. something which gives help or advantage
  5. 7. Taxes paid by anyone who owns property such as land, a home or commercial real estate, cars or boats etc.
  6. 8. is a quick description of your business that you use to explain it to customers and investors.
  7. 9. the total cost of merchandise sold during the period
  8. 10. amount needed to start the business
  9. 11. the unique value that a product or service provides to its customers and how it is better than and different from those of competitors
  10. 14. Movement of the money you receive and the money you spend.
  11. 15. A plan for making and spending money
  12. 16. Budget in which revenues are equal to spending
  13. 18. Expenses that change from month to month such a utilities or product orders.