Across
- 2. The total income generated by the sale of goods or services, or from other business activities, before any expenses are deducted.
- 6. An individual who creates a new business, bearing most of the risks and enjoying most of the rewards. They are often seen as innovators, a source of new ideas, goods, services, and business procedures.
- 12. The percentage of total sales revenue that the company retains after subtracting the costs of producing goods or services.
- 13. A person or organization that puts money into financial schemes, property, etc., with the expectation of achieving a profit.
- 15. A specialized segment of the market for a particular product or service.
- 17. The cost required for something; the money spent on something. Businesses have various expenses like rent, salaries, and supplies.
- 20. A government authority or license conferring a sole right or title to a specific invention for a set period, especially the right to exclude others from making, using, or selling an invention.
Down
- 1. Money provided by investors to startup firms and small businesses with perceived long-term growth potential. This is a very important source of funding for startups that do not have access to capital markets.
- 3. The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.
- 4. The process of creating and introducing new ideas, methods, products, or services.
- 5. Starting and growing a business using only personal finances or the company's operating revenues.
- 7. The financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
- 8. A formal written document describing the nature of a business, the sales and marketing strategy, and the financial background, and containing a projected profit and loss statement.
- 9. The specific group of consumers or businesses at which a company aims its products and services.
- 10. Wealth in the form of money or other assets owned by a person or organization or available for a purpose such as starting a company or investing.
- 11. The possibility of suffering a loss. Entrepreneurs often take on significant financial and personal risks.
- 14. The total amount of money being transferred into and out of a business, especially as affecting liquidity.
- 16. The exclusive legal right, given to an originator or an assignee to print, publish, perform, film, or record literary, artistic, or musical material, and to authorize others to do the same.
- 18. A newly formed business, often characterized by high uncertainty and the potential for rapid growth.
- 19. The ongoing business expenses not directly related to creating a product or service.