Entrepreneur Flashcards
(18 cards)
break-even point
the minimum sales revenue or total units sold and to be able to cover its own expenses
Cash flow forecast
estimating how much cash comes in and how much we lose at the same time
debt financing
borrowing cash the entrepreneur has to pay back said cash and the debt and the interest
demand
the amount of good serves buyers are willing to per unit
equity financing
funds to start a business and giving some of the ownership shares to other people.
expense
total cost
interest
price being paid using money
loss
net financial loss
market place
name of business
operating expenses
cost that cover basic business operations
opportunity cost
the next best opportunity when time and money are used for a different thing
product cost
the cost of the product
profit
total money earned
revenue
total dollar amount a business gets from goods and service
start-up cost
total needed for a start up
supply
the amount of goods and service sellers are willing to supply per unit
target market
a small group of main customers
venture capitalist
organizations financing for an entrepenurial
