Entrepreneurship and Small Business (1-18)

Fill in the blank: ________ are costs incurred by a business.

• Acquisition Costs

• Revenue Streams

• Profit Margins

• Market Shares

Fill in the blank: An ________ is an investor who provides funding to a business for a stake in the business in return.

• Angel Investor

• Venture Capitalist

• Bank Manager

• Stock Broker

Fill in the blank: An ________ is a tangible item a business owns.

• Asset

• Expense

• Liability

• Revenue

Fill in the blank: A ________ is a document that compares assets to liabilities plus owner's equity.

• Balance Sheet

• Income Statement

• Cash Flow Statement

• Trial Balance

Fill in the blank: ________ is the level of familiarity one has with a brand.

• Brand Recognition

• Brand Loyalty

• Brand Equity

• Brand Extension

Fill in the blank: ________ is when a business owner uses their own money to fund their business.

• Bootstrapping

• Crowdfunding

• Venture Capital

• Angel Investing

Fill in the blank: The ________ is the point where a business's revenue matches its expenses over a given period.

• Break-Even Point

• Profit Margin

• Gross Income

• Net Worth

Fill in the blank: A ________ is the amount of money a business plans on spending during a given period.

• Budget

• Revenue

• Invoice

• Asset

Fill in the blank: ________ is a calculation used to measure a business's monthly cash flow.

• Burn Rate

• Gross Margin

• Net Profit

• Inventory Turnover

Fill in the blank: A ________ is a situation an entrepreneur analyzes and evaluates to see if starting a sustainable, profitable business is feasible.

• Business Opportunity

• Business Plan

• Market Survey

• Financial Statement