Front

Owner:

Back

The individual(s) that own the business.

Front

What are partners in a business context?

Back

Two or more individuals that share a business's financial responsibility.

Front

Patent:

Back

A legal method used to protect an invention for a limited time.

Front

Piece Work:

Back

A type of compensation provided for the amount of work produced.

Front

Pitch Deck:

Back

A presentation given to potential investors to provide a brief overview of the business plan to earn another meeting.

Front

Price:

Back

The amount of money charged for goods or services.

Front

Primary Data:

Back

First-hand research like surveys, interviews, and statistical data.

Front

The process of coming up with solutions to solve a problem.

Back

Problem-Solving

Front

What is a product?

Back

A tangible item.

Front

Product/Market Fit:

Back

The stage where a business's sales are high and continue to grow because their product or service is something customers want and continue to purchase.