Micro Enterprise Vocabulary Flashcard

Front

Definition: the ability to pursue a task without being told to by someone else.

Back

self-motivation

Front

Definition: how a business communicates to large numbers of customers, motivating them to learn more about the business and its offerings.

Back

marketing

Front

Definition: a complete package that supports a "go" decision by an entrepreneur to launch a new business.

Back

launch plan

Front

Definition: debt obtained from a number of online companies

Back

online credit

Front

Definition: money owed by a customer to a company

Back

account receivable

Front

Definition: the amount of money borrowed

Back

principal

Front

Definition: non-physical assets created by individuals or companies that hold the exclusive legal right to commercialize

Back

Intellectual property

Front

Definition: expenditures on equipment the business will use for many years

Back

capital expenditures

Front

Definition: a person or a business with a strong credit score and the financial resources that make it likely they will be able to repay any loan

Back

credit-worthiness

Front

Definition: an individual or company that owns shares in a company

Back

share holder