Unit 3: Venture terms

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Across
  1. 5. a business that provides banking services for profit
  2. 7. institution acts as an agent that provides financial services for its clients
  3. 9. An asset is usually purchased or, equivalently, a deposit is made in a bank, in hopes of getting a future return or interest from it
  4. 12. owning your own business and having full control
  5. 13. is a liability that is limited to a partner or investor’s investment
  6. 14. money or wealth needed to produce goods and services
  7. 18. buying your way into the company through shares
  8. 19. At this point, the company has passed the break-even point and is now earning a profit
  9. 20. refers to sole proprietorships and general partnerships in which the owner or partners are each liable for business debts
  10. 21. At this stage, your venture may be in trouble because of financial difficulties
Down
  1. 1. By now your research is complete
  2. 2. a tool that applies six basic questions
  3. 3. capital typically provided by outside investors for financing of new, growing, or struggling businesses
  4. 4. organization owned and controlled by the people who use the products or services the business produces
  5. 5. a summary of how a business owner, manager, or entrepreneur intends to organize an entrepreneurial endeavor and implement activities necessary and sufficient for the venture to succeed.
  6. 6. Working with a business partner on a company
  7. 8. The venture is now secure and continues to grow.
  8. 10. is a not-for-profit cooperative financial institution that is owned and controlled by its members, through the election of a volunteer Board of Directors elected from the membership itself
  9. 11. will allow the business to predict future profits and make financial plans to carry the business through the first few months of the start-up
  10. 15. This is the stage where preparations for launching the business are made
  11. 16. is the point where total monthly costs equal total monthly revenues.
  12. 17. A venture plan can help the enterprising person weigh the costs and benefits of the proposal and put plans in place that will make venture a reality