Entrepreneurship vocab

Seed $ means

• u have to spend $ to get $

• it it the $ used to grow ur business

• u r buying something

• ur prices stay the same

• ur prices change

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Entrepreneurship

Capital means

• u have to spend $ to get $

• it id the $ used to grow ur business

• u r buying something

• ur prices stay the same

• ur prices change

Credit means

• u have to spend $ to get money

• it is the $ used to grow ur business

• u r buying something

• ur prices stay the same

• ur prices change

Fixed Cost means

• u have to spend $ to get $

• it is the $ used to grow ur business

• u r buying something

• ur prices stay the same

• ur prices change

Variable Cost means

• u have to spend $ to get $

• it is the $ used to grow ur business

• u r buying something

• ur prices stay the same

• ur prices change

Business Plan means

• it helps an idea sturdy & keeps ur business on track

• it records ur company's $ deal into accounts

• it is the orderly recording $ presenting of $ information

• a image of what ur business has & what it owes at a point in time

Bookkeeping means

• it helps make sure ur idea is sturdy & ur business is on track

• it records ur company's $ deal into accounts on a daily basis

• it is the ordly recording & presenting of $ information

• a image of what ur business has & what it owes at a point in time

Accounting means

• it helps keepd ur idea sturdy & on track

• it records ur company's $ deal into accounts on a daily basis

• it is the orderly recording & presenting of $ information

• a image of what ur business has & what it owes at a point in time

Balance Sheet means

• it makes sure ur business is sturdy & on track

• records ur company's $ deal into accounts on a daily basis

• it is the orderly recording & presenting of $ information

• a image of what ur business has & what it owes at a point in time

Income Statement is

• created to measure business performance for the year

• the cost & income in a business are =

• a ratio that shows how much of business sales is turned into profit

• ratios that compares the business total debt with your total owner's equity