Startup Basics

Front

A new business, often in its early stages of development, focused on bringing a product or service to market.

Back

What is a startup?

Front

Buying and selling products or services over the internet.

Back

E-commerce

Front

The support and assistance a business provides to its customers before, during, and after a purchase.

Back

Customer Service

Front

Other businesses that offer similar products or services, vying for the same customers.

Back

Competition

Front

The relationship between the availability of a product (supply) and the desire for it (demand), which affects prices.

Back

Supply and Demand

Front

The act of putting money into a business or project with the expectation of earning a profit in return.

Back

Investment

Front

The name, design, or symbol that identifies a company or product and distinguishes it from competitors.

Back

Brand

Front

The activities a business uses to promote and sell its products or services to consumers.

Back

Marketing

Front

The costs that a business incurs while operating, such as rent, salaries, and supplies.

Back

Expense

Front

The money a business makes after all expenses are paid. It’s calculated by subtracting costs from revenue.

Back

Profit