Final Mock

5. The estimated worth of a company, especially during fundraising.
6. A measurable indicator used to evaluate performance and success.
8. The movement of money into and out of a business.
10. A non-binding agreement outlining the basic terms of an investment deal.
12. A short presentation used to attract investors.
14. An individual who invests personal funds into early-stage startups.
15. The ability to convert assets into cash quickly without losing value.
19. Early-stage capital provided to develop a business idea or prototype.
23. The point at which total revenue equals total costs.
24. Identifying and taking steps to reduce threats to a business.
26. Raising small amounts of money from a large group of people, typically online.
27. The ability of a business model to grow without major increases in cost.
29. Expenses that change depending on production output.
30. Total income generated from business operations before expenses.

1. An early model built to test a product idea.
2. Building a company using personal savings with minimal outside funding.
3. A business owned and managed by one person with unlimited liability.
4. The process of gathering information about customer needs and industry trends.
7. A business model where one party licenses branding and operations to another party.
9. Reduction in value of an asset over time due to wear and tear.
11. A statement showing assets, liabilities, and equity at a specific point in time.
13. Ownership interest represented as shares in a company.
16. The creation or improvement of ideas, products, or processes.
17. The network involved in producing and delivering a product.
18. Using borrowed money to increase potential returns.
20. Revenue minus the cost of goods sold.
21. Revenue and profit associated with a single unit of product or user.
22. Any person or organization affected by business operations.
25. A concise explanation of a company's core purpose and goals.
28. A legal right granted to protect an invention from being made or sold by others.