Business and Financing Concepts Flashcard

Front

What is the term for a customer need or want that can be met by a new business?

Back

Business Opportunity

Front

Who is an investor interested in financing startup ventures?

Back

Angel Investor

Front

What is the method of financing a startup by selling shares of ownership in the business?

Back

Equity Financing

Front

What is the term for starting a business by yourself, without any outside investment?

Back

Bootstrapping

Front

What is the process of financing a business by raising money from a large number of people online?

Back

Crowdfunding

Front

What is the term for obtaining money by borrowing it, thereby increasing your company's debt?

Back

Debt Financing

Front

What is the amount of money a business receives during a specific time period before expenses?

Back

Revenue

Front

What is the chance of losing something or having a negative outcome in business?

Back

Risk

Front

What are the risks entrepreneurs take after carefully considering potential costs and benefits before starting a business?

Back

Calculated Risk

Front

What is credit?

Back

Credit is the ability to borrow money or access goods and services with the promise to pay later.