Across
- 4. A condition under which a person or corporation is declared unable to pay debts
- 8. Amount a company owns
- 10. An overview of your business goals and includes details on how you think you are going to achieve them
- 11. A business owned by one person
- 13. The finances required by a new business to pay for essential fixed and current assets before it can open for business.
- 14. expenses A business must pay regardless of how many sales are made
- 15. Is a quick description of your business that you use to explain it to customers and investors
- 16. Business entity that is usually owned by multiple stockholders and operates as a separate legal entity.
Down
- 1. When a business's expenses and sales equal zero because the business has sold exactly enough units to cover its fixed expenses
- 2. Offers assistance to customers, for example a shoe repair shop
- 3. Expenses that do not change from month to month, such as auto insurance, mortgage, or rent
- 5. a business that sells a different product or service from yours, but fills the same customer need or want.
- 6. A business owned by two or more people
- 7. A business in your market that sells a product or service similar to yours
- 9. A financial gain. the difference between the amount earned and the amount spent in buying, operating, or producing something
- 12. The art of presenting a business in a way that clearly communicates the value of the product or service