Across
- 1. Open ended questions that prompts more than a "Yes" or "No" response.
- 3. gives the registering individual or company the sole right to benefit from a brand or image he/she created.
- 4. An option a supplier might grant a company to pay their bills later than they normally would.
- 6. The hard work a small business owner puts into forming, founding and operating his/her business – small business owners typically work very long hours.
- 9. Costs that vary based on the units sold by your enterprise.
- 12. Understanding how individuals and businesses earn money and what they spend money on. Understanding important financial terms. Learning how to create a budget.
- 13. Non-physical assets created by individuals or companies that hold the exclusive legal right to commercialize. In each case the creator of the intellectual property has the right to benefit financially from his/her creation by selling the rights to (or “licensing”) their intellectual property to a third party.
- 15. Units times price.
- 16. Companies that conduct business with another company, and that can document how well a company pays its bills to its suppliers.
- 17. Units refer to the “things” the company sells.
- 20. gives the inventor the sole right to benefit commercially from his/her invention.
- 22. The exact customers and market sector the business intends to serve.
- 23. All people or companies associated with an enterprise.
- 24. Shares of ownership in a company.
- 28. The act of making a business different (and presumably more attractive to target customers) than any competitor.
- 30. The amount a policyholder (either every quarter or year) pays for an insurance policy.
- 33. Commitment to get something done. Individuals with determination exhibit willpower to accomplish what they set out to do. Also called “tenacity.” Spirit, courage, willpower and single-mindedness describe determined individuals.
- 34. The practice of operating openly and communicating fully, providing stakeholders with a clear understanding of how your enterprise operates.
- 35. An individual’s self-commitment to overcome obstacles to achieve long-term goals. The ability to keep pursuing your dream despite challenges and defeats. Perseverance, resilience and backbone.
- 36. The decision point at which an entrepreneur makes the final decision on whether or not to launch a new enterprise or abort the effort due to unfavorable market research or pro forma projections.
- 37. A clear, concise and compelling way to describe a business or new business concept in 30 seconds; a differentiating vision to encourage potential investors or employees to learn more.
- 38. Money paid by a company to a person who owns stock in that company.
- 39. Assets that are not already pledged as a guarantee to repay another loan
Down
- 2. A special account where individuals can deposit retirement funds that can grow tax-deferred until they withdraw them after they retire.
- 3. Fixed costs plus variable costs.
- 5. The 12 month period a company uses to report financial results.
- 7. A credit-worthy individual or business with sufficient liquidity that promises to repay a loan in the event that the debtholder can't make a required payment.
- 8. A company that provides a good or service to another company.
- 10. gives the author the sole right to benefit economically from what he/she wrote.
- 11. Debt that does not include a promise by a guarantor to repay the loan in the event the debtholder is unable to make a required payment.
- 14. Costs that do not vary based on the units sold by enterprise.
- 18. Debt owed to someone that is paid monthly.
- 19. Treating stakeholders as the entrepreneur would hope others would treat him/her.
- 21. Working with others to address a challenge. Individuals using their skills in harmony with others to complete a task.
- 25. An individual or company that owns shares in a company.
- 26. Distinguishing a product or service "different than anything else," attracting customers, generating sales and serving as the foundation for a thriving business.
- 27. The amount an insurance policyholder receives from the insurance company to reimburse the policyholder for a covered loss.
- 29. A computer portal offered by the Louisiana Secretary of State that enables entrepreneurs to go to a single source to learn which forms they need to file, to file the forms required by the Secretary of State, and to determine which other government agencies they may need to interact with.
- 31. The individual or business that purchases an insurance policy for various types of protection (examples: fire insurance, life insurance, etc.)
- 32. Funds contributed by investors to a business. Investors contribute capital to a business because they expect a significant return on their investment when the business succeeds.