Entrepreneurship Vocabulary

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Across
  1. 1. offers assistance to customers, for example a shoe repair shop
  2. 3. the difference between a company's current assets (cash), accounts receivable (customers' unpaid bills), inventories of raw materials /finished goods, and its current liabilities (costs)
  3. 5. A resume contains your qualifications for a job/ your career history.
  4. 8. is different for every business, and is based on the amount of product or service a customer buys.
  5. 9. The amount of money brought in by a business before any expenses.
  6. 10. operating expenses that a business must pay regardless of how many sales are made.
  7. 15. is when a business's expenses and sales equal zero because the business has sold exactly enough units to cover its fixed expenses.
  8. 17. is a business in the market that sells a product or service similar to yours.
  9. 18. A business owned by two or more people.
  10. 20. sell products in larger volumes (but less than the manufacturer) to the retailer
Down
  1. 2. A cover letter is a letter that goes along with your resume
  2. 4. A financial gain. the difference between the amount earned and the amount spent in buying, operating, or producing something
  3. 6. Rival businesses competing for the dollars your target market spends.
  4. 7. a group of buyers and sellers of a particular good or service
  5. 11. Something useful that benefits you
  6. 12. Legal proceeding when a person/ business is unable to pay their debts.
  7. 13. a financial gain
  8. 14. Getting people/ clients interested in what you produce/ your services.
  9. 16. entity that is usually owned by multiple stockholders and operates as a separate legal entity.
  10. 19. sell directly to the customer, for instance a local shoe store that gets its shoes from the different shoe companies wholesalers to sell to customers that come into the store.