Across
- 3. Unit price minus cost of goods sold.
- 6. Total Revenues minus Total Cost minus one-time expenditures
- 7. is property and the building(s) on it. It can be a piece of land, or it can be a home on that piece of land, or it can be a building.
- 13. A special account where individuals can deposit retirement funds that can grow tax-deferred until they withdraw them after they retire.
- 15. A credit-worthy individual or business with sufficient liquidity who guarantees to repay a loan in the event that the debtholder can’t make required payment.
- 17. A person or a business with a strong credit score and the financial resources that make it likely they will be able to repay any loan.
- 20. Equipment, inventory or other goods that are pledged to the bank in the case the company can’t make a loan payment.
- 21. The amount of money borrowed.
- 25. The hard work a small business owner puts into forming, founding and operating his/her business – small business owners typically work very long hours.
- 26. A legal agreement that an assets is part of a guarantee to a lender, when the lender can take possession of the assets and sell it to recover the funds owed by a borrower in the event the borrower is unable to make a required debt payment.
- 31. How a business moves a specific customer to buy their service or offering.
- 32. Distinguishing a product or service "different than anything else," attracting customers, generating sales and serving as the foundation for a thriving business.
- 34. A company that provides a good or service to another company.
- 36. A loan.
- 38. Assets that are not already pledged as a guarantee to repay another loan
- 42. Other types of debt (or money you owe someone else) other than a mortgage
- 44. The amount a policyholder (either every quarter or year) pays for an insurance policy.
- 47. refer to the “things” the company sells.
- 49. Fixed costs plus variable costs.
- 52. Costs that vary somewhat based on the number of units you sell.
- 53. Cash, publicly traded stocks, government bonds or corporate bonds that can be quickly turned into cash.
- 58. Crowdfunding is an Internet phenomenon, where strangers learn about a business online and then decide whether or not to make an investment.
- 62. The money a person borrows to buy real estate.
- 63. A loss that an insurance company will reimburse a policyholder for in the event of a claim.
- 64. An individual or company that owns shares in a company.
- 65. Funds lent to a business with an agreement that the business will repay the lender with interest.
- 66. Money earned when something is sold.
- 67. An option a supplier might grant a company to pay their bills later than they normally would.
- 68. A legal decision requiring a person or company to pay another person or company.
- 69. The exact customers and market sector the business intends to serve.
- 70. The right to take possession of collateral until a debt is repaid.
- 71. The amount an insurance policyholder receives from the insurance company to reimburse the policyholder for a covered loss.
- 72. Funds contributed by investors to a business.
- 73. Failure to repay a loan.
- 75. Debt that includes a legal obligation by the borrower to repay the debt personally if the business is unable to make its scheduled debt payment.
- 76. When a company issues a check or makes a financial commitment for an amount greater than the amount the company has deposited in the bank. Also called "a bounced check."
- 77. Costs that make up one unit of what you sell. These can be labor costs as well as material costs.
- 78. Units times price.
- 79. An investment vehicle.
- 80. The act of making a business different (and presumably more attractive to target customers) than any competitor.
Down
- 1. “Net” means revenues after costs.
- 2. Money owed by a company to a supplier.
- 4. The individual or business that purchases an insurance policy for various types of protection
- 5. Something of value.
- 8. A loan that provides the borrower a maximum amount of money he/she can borrower - the borrower can then access or use that line of credit for only as much money as they need at any particular time.
- 9. Companies that conduct business with a company, and that can document how well a company pays its bills to its suppliers.
- 10. Owning an asset without any associated debt.
- 11. An obligation you have to pay someone else money. Also called a debt or a loan.
- 12. The 12 month period a company uses to report financial results.
- 14. Expenditures on equipment the business will use for many years.
- 16. One of the equal parts into which a company’s capital is divided, entitling the holder to a proportion of the profits.
- 18. An investment security that includes many different stocks purchased and held together.
- 19. A determination of how many units are needed to sell in order to pay for all fixed costs.
- 22. A payment that is owed every month.
- 23. Cash or securities that can be immediately turned into cash, which can then repay any loan amount outstanding. A company or individual “has liquidity” if they have lots of liquid assets.
- 24. Debt from a bank.
- 27. The amount that an insurance company makes a policyholder pay as part of any claim.
- 28. A Latin phrase (“for the sake of form”) that in business means a projection of future financial performance. A pro forma usually takes the form of a projection of future revenues and costs.
- 29. Unit price minus cost of goods sold.
- 30. The percentage of a loan a bank or online credit company charges when a small business receives a loan.
- 33. Funds contributed by investors to a business.
- 35. Ratios a lending company calculates about an individual or a company to determine how likely they are to have the liquidity to repay debt payments that are required in a loan.
- 37. Money paid by a company to a person who owns stock in that company.
- 39. The date a loan (or debt or liability) is repaid in full.
- 40. Debt obtained from a number of online companies.
- 41. An investment worth money; a “financial instrument” indicating ownership.
- 43. Individuals who make small investments in an enterprise or to support an entrepreneur where they do not expect an immediate or large return on investment.
- 45. Debt that does not include a promise by a guarantor to repay the loan in the event the debtholder is unable to make a required payment.
- 46. means three months.
- 48. Shares of ownership in a company.
- 50. Costs that do not vary based on the units sold by enterprise.
- 51. Repaying the loan.
- 54. The merchandise that a company sells to its customers.
- 55. All people or companies associated with an enterprise.
- 56. Costs that a business incurs that are not part of producing the goods or services its sells, but which are required to operate legally and efficiently.
- 57. A company that provides individuals and companies with access to financial markets.
- 59. Debt owed to someone that is paid in monthly payments.
- 60. Costs that vary based on the units sold by your enterprise.
- 61. Money owed by a customer to a company.
- 74. Revenues minus costs.