Param Patel - Entrepreneurship Vocabulary

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Across
  1. 3. The money you earn after subtracting expenditures from the money earned after a sale.
  2. 4. The state in which a business doesn’t gain any profit nor does it lose anything
  3. 7. A valuable item owned by a business in order to achieve something.
  4. 9. Providing a nonphysical product to a customer often requiring the provider to act or do something that provides value to the customer.
  5. 10. A business owned by only one person/singular individual.
  6. 12. Working with another individual or group in order to accomplish one primary task (in this case to own a business and maintain it successfully.)
  7. 13. Another plan primarily focusing on how the entrepreneur is going to present their business product and how they are going to persuade the consumer to buy their product.
  8. 15. The amount of money a business has in order to fund daily tasks
  9. 16. A group of people in a business made up of multiple employers and employees.
Down
  1. 1. The finances required by a new business to pay for essential fixed and current assets before it can open for business.
  2. 2. A process involving starting, creating and setting up a business acknowledging what comes with it.
  3. 5. Responsibilities you have in the workplace.
  4. 6. An estimate of income and expenditure for a set period of time (Essentially a way to manage your money wisely.)
  5. 8. A plan answering the 5 purposes of a business; Who’s doing it, for whom are they doing it, where are they doing it, why are they doing it, and how are they gonna do it.
  6. 11. In the position where a business has nothing of value.
  7. 14. A person who accepts the risks of a business and starts one using 4 different types of resources; Natural, Financial, Machines, and Human Capital.