Business Vocabulary and Concepts Quiz

It was obvious there was a _ in the market for more affordable lenses.

• space

• break

• gap

Unless we can secure more financial _, we won't be able to go ahead with our expansion plans.

• approval

• backing

• aid

How much start-up ___ do we need for equipment rent and supplies for the first year of operation?

• capital

• assets

• wealth

Investors will want to look at your business _ in detail to assess the potential of your idea.

• map

• char

• plan

We need investment to start the business so we're going to approach a _ capitalist.

• business

• project

• venture

Most investors want to be confident they'll receive a good return on

• asset

• investment

• speculation

We're initially renting this temporary and then we'll think about finding somewhere permanent

• fund

• outlet

• backing

Many __ entrepreneurs fail in their first year of business.

• can-be

• will-be

• would-be

Our business __ is based on using pop-up stalls at public events like music festivals.

• model

• return

• diagram

We turned _ our first million this year so I feel like we've reached the next stage in our growth.

• up

• over

• around