Vocabulary #1

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Across
  1. 2. Cost of running the business that does not lead to the generation of profit.
  2. 4. Money paid by an employer to an employee for work done during a period of time.
  3. 8. A concise, compelling description of the proposed venture.
  4. 10. A risky or daring journey or undertaking.
  5. 13. The trust that allows one party to provide money or resources to another party where the second party does not reimburse the first party immediately.
  6. 15. A short, simple document that provides a clear summary of a proposed business venture.
  7. 16. The value of funds in accounts or tangible equipment.
  8. 17. Income.
  9. 18. The intended group of customers you want to serve.
  10. 19. The amount of money spent to sell products or services.
  11. 20. The cost that it takes to produce a product or service. Includes materials and labor.
Down
  1. 1. A detailed To Do List of steps you will need to take to go from concept and funding all the way to business launch.
  2. 3. The cost required for an item or service.
  3. 5. How you move specific customers to buy from you.
  4. 6. Software program to track financial information like budgets, expenditures, invoicing, and payroll.
  5. 7. Different than anything else.
  6. 9. The amount you pay before the insurance company reimburses you for a loss.
  7. 11. The annual cost to you of your insurance.
  8. 12. How you intend to communicate to large numbers of customers.
  9. 14. A one-page financial projection that lists your major revenue sources and expenses.