Entrepreneurship

Commitment to get something done.

• Obligation

• Determination

• Credit-worthiness

Debt owed to someone that is paid monthly.

• Obligation

• Default

• Installment Payment

What are 3 types of entrepreneurial businesses? Select all that apply.

• Teaching

• Retailing

• Manufacturing

• Coaching

• Wholesaling

Required forms that a company must complete and submit to the appropriate government agency.

• Legal Filings

• Shareholder

• Financial Literacy

Equipment, inventory or other goods that are pledged to the bank in the case the company can not make a loan payment.

• Collateral

• Variable Costs

• Legal Filings

Failure to repay a loan.

• Shareholder

• Determination

• Default

Costs that vary based on the units sold by your enterprise.

• Obligation

• Variable Costs

• Collateral

An individual or company that owns shares in a company.

• Collateral

• Credit-worthiness

• Shareholder

A payment that is owed every month.

• Default

• Obligation

• Installment payment

Understanding how individuals and businesses earn money and what they spend money on.

• Financial Literacy

• Determination

• Legal Filings