vocabulary 4 Flashcards
(22 cards)
Securities
an investment worth money
Self-discipline
the ability to pursues what you think is right
Self-motivation
the ability to do something without someone telling you to do it
Semi-valuable cost
cost that somewhat vary based on number of unit
Sole proprietorship
an individual that owns a business
Share
one of the equal parts in which a company’s capital is divided
Share holder
An individual that owns shares
Stakeholder
all people on companies associated with an enterprise
Stocks
shares of ownership in a company
Supplier
A company that provides a good or service
Sweat equity
the hard a small business owner does
Target market
consumers that customers that a company intends to serve
Teamwork
working with others to address a challenge
Total cost
fixed cost plus variable cost
Total Revenue
unit’s times price
Transparency
the practice of operating openly
Unencumbered
assets that are not already pledged
Units
the things the company sells
Unsecured Debt
debt that doesn’t include a promise
Variable Cost
cost that vary
Security
an investment vehicle
What are the five requirements to start a business
Self-assessment, Self-assessment presentation, company registration, micro enterprise credit application, credential online test
