Vocabulary Terms- Part # 3

Believing that one can accomplish anything with hard work.

A payment amount provided to employees for the number of hours they worked.

A financial statement that details a business's revenue and expenses for a given period.

A characteristic in which an individual acts to turn ideas into action

A new idea, product, or method.

A creative work or invention to which an individual has been given rights.

Goods a business owns with the purpose of selling.

A person or entity willing to provide monetary funds to a business with the hopes of earning a return on their money.

A one-page document discussing key information commonly seen in a business plan.

The amount of money owed to an entity.