Across
- 3. capital The money that is required to start a new business, whether for office space, permits, licenses, inventory, product development and manufacturing, marketing or any other expenses
- 4. insurance Coverage that protects businesses from losses due to events that may occur during the normal course of business
- 7. business A type of business with low-risk, a small number of employees, is locally owned and has no intentions of growing larger or incorporating into a company
- 8. statement A statement that defines what an organization is, why it exists, its goals and philosophies
- 10. a person who organizes and operates a new business or businesses, taking on greater than normal financial risks in order to do so.
- 11. A presentation by one or more people to an investor or group of investors, with the hope that the investor will provide financing to the company
- 13. costs All fixed costs associated with operating an establishment, not directly related to production or selling of goods
- 14. When a business manufactures an item for the purpose of selling and earning a profit
Down
- 1. business loan A large amount of money lent (usually from a bank, and must be repaid) to an entrepreneur in order to launch a new business venture
- 2. Seeking to generate voluntary financial donations, without the intent of repaying the money or returning any profit to the donator(s)
- 5. When a business sells a helpful action or form of assistance for the purpose of earning a profit
- 6. plan A document outlining a business's future objectives and strategies for achieving them
- 7. A type of business that starts small but intends to grow much larger and more successful by generating a large popularity and profitable income
- 9. A person that puts money into a startup or small business with the intent of receiving a portion of the profit from the business
- 12. per unit The amount of money that a produced good or provided service costs