Across
- 2. A practice used by businesses to protect a practice, process, or formula from being shared with other competitors.
- 5. One's ability to act to work toward achieving a goal.
- 6. A planning tool used to document a company's strengths, weaknesses, opportunities, and threats.
- 11. Return on investment (ROI) is a calculation used to determine how much an investment is making.
- 12. A promise of value that a company makes about their product or service that makes it attractive to customers.
- 13. Data Data that may contain personal bias like company newsletters and academic journals.
- 15. The expenses incurred for running day-to-day tasks in a business.
- 18. One's ability to adapt to change, loss, and disappointment.
- 21. A fixed payment amount provided to a full-time employee.
- 22. Trusting one's self, goals, and progress.
- 24. A preliminary product, commonly a product with minimum viability, from which to test and develop.
- 25. Channel How a business sells its products and services to the end customer.
- 27. Recognition The way one approaches new ideas and ventures in their life.
- 29. An individual that owns at least one share in a corporation's stock.
- 31. The number of sales and other income in a business for a given period.
- 33. A type of compensation provided for the amount of work produced.
- 34. A tangible item.
- 35. Fluctuating costs that a business has depending on production.
- 38. A practice used to protect brand names, logos, and business names.
- 39. The individuals that own the business.
Down
- 1. A type of business structure with a single owner. The business is not shielded from any amount of liability.
- 3. The level of willingness to lose time and money when starting a business.
- 4. A calculation used to make projections about a company's future performance.
- 5. The amount of financial gain from a business.
- 7. Two or more individuals that share a business's financial responsibility.
- 8. First-hand research like surveys, interviews, and statistical data.
- 9. Pitch A persuasive speech prepared to entice a potential customer to purchase a service or good.
- 10. The possibility of something negative happening. In the context of a small business, the possibility of a loss of time and money.
- 14. Fit The stage where a business's sales are high and continue to grow because their product or service is something customers want and continue to purchase.
- 16. The amount of money charged for goods or services.
- 17. The Small Business Administration (SBA) is an independent government agency specializing in providing small businesses with assistance to get their business up and running.
- 19. The price a company charges for its product or service. The selling price is determined by adding the cost price and the profit margin the company wants to earn.
- 20. An individual with an interest in a business.
- 23. The group of customers a company chooses to market its products and services.
- 26. A legal method used to protect an invention for a limited time.
- 28. A presentation given to potential investors to provide a brief overview of the business plan to earn another meeting.
- 30. The process of coming up with solutions to solve a problem.
- 32. A corporation, partnership, or sole proprietorship that is privately owned by one individual or a small group of people. They commonly have fewer employees and revenue than larger-sized businesses.
- 36. Fees paid for the use of a brand name or image.
- 37. An intangible service or skill that is performed.