Entrepreneurship Vocab

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Across
  1. 4. legal rights granted for creations of the mind, such as inventions, trademarks, and copyrights
  2. 5. the difference between revenue and the cost of goods sold(expressed as a percentage of revenue)
  3. 6. plan a detailed document outlining a business’s objectives, strategies, financial projections, and market analysis
  4. 7. model the plan for a company will make money and sustain itself
  5. 10. the total profit of a company after all expenses, taxes, and costs that have been deducted from revenue
  6. 17. the cost associated with acquiring a new customer
  7. 20. the value of ownership in the company, calculated as assets minus liabilities
  8. 22. the movement of money into and out of a business
  9. 24. the total income generated from business activities before expense
  10. 26. the process of evaluating your competitors to understand their strengths and weaknesses
  11. 27. the capability of a business to grow and expand without being hampered by its structure and available resources
  12. 28. The process that guides potential customers through different stages leading to a purchases
  13. 29. A significant change in business strategy to adapt to market demands or improve performance
  14. 30. an individual who provides capital to startups in exchange for ownership equity or convertible debt
Down
  1. 1. the specific group of people a business aims to reach with its products or services
  2. 2. a methodology for developing businesses and products that focus on iterative product releases and validated learning
  3. 3. The creation and management of a company’s brand, including its name, logo, and reputation
  4. 8. The total revenue expected from a customer over their entire relationship with the business
  5. 9. the amount of time a business can continue operating before it needs additional funding
  6. 11. a plan for promoting and selling products or services
  7. 12. a plan for how an entrepreneur will exit the business, whether through ,sale, merger or public offering
  8. 13. the rate at which a company spends its available capital before reaching profitability
  9. 14. A new business venture typically focused on innovation and growth
  10. 15. Metrics used to evaluate the success of a business in achieving its objectives
  11. 16. A statement that explains why a customer should choose your product over competitors
  12. 18. the process of gathering and analyzing information about customers’ needs and preferences
  13. 19. a presentation or proposal designed to persuade potential investors or customers
  14. 21. the financial obligations or debts a business owe
  15. 23. the financial gain obtained when revenue exceeds expenses
  16. 25. funding provided to startups and small businesses with high growth potential in exchange for equity