A(n) ____ is a written statement of goals and objectives for a business with a strategy to achieve them.

The movement of money into and out of a business is called ____.

____ is an asset pledged that will be claimed by a lender if the loan is not repaid.

A person who starts a new business or purchases an existing business is a(n) ____.

Capital brought into a business in exchange for a percent of ownership in the business is called ____.

____ are critical skills necessary to perform the required work-related tasks of a position.

A ____ is someone with experience who can provide advice, suggestions, and ideas.

____ is the process of gathering and analyzing of information about a business.

The ____ is a sentence in a business plan that describes the purpose of the business.

____________________ are financial statements based on estimates of future business performance, sales, and expenses.

The process of influencing others or making things better is called ____________________.

A(n) ____________________ is a license to sell a company’s goods or services within a certain territory or location.

The ____________________ of a business determines who has control of a business and decision-making power.

Capital brought into the business in exchange for a percent of ownership in the business is ____________________.

____________________ are private investors who fund start-up businesses, cede control of the business to the entrepreneur, and have the expectation of returns on their investments.

An asset pledged that will be claimed by the lender if the loan is not repaid is called ____________________.

The property or items of value owned by a business are ____________________.

A pro forma ____________________ statement projects revenues and expense to show if a business is profitable.

The ____________________ section of a business plan describes how the business will reach its market.

A(n) ____________________ is all the people and organizations that might purchase a product.

For most industries, a small business is defined either in terms of average number of employees or average ____________________.

____________________ is a nonprofit association of more than 13,000 retired and active businesspeople.

Basic math, read and writing, problem-solving, and planning skills are examples of ____________________ skills.

____________________ is the process of willingly risking resources to start and run a business in pursuit of profit.

Property or items of value a business owns.

Willingly risking resources to start and run a business in pursuit of profit.

Borrowing money that must be repaid for use in the business.

Refers to the way a business is financed.

All the people and organizations that might purchase a product or service.

Process of setting goals and deciding how to accomplish them.

Money necessary to start and open a business.

Financial statement that projects revenues and expenses to show whether or not a business is profitable.

Financial statement that reports the assets, liabilities, and net worth of a business.

Distinguishing characteristic or quality that makes each person unique.

Skills necessary to perform the required work-related tasks of a position.

Money invested in a business by investors who form partnerships or groups to pool investments.

Common qualities of successful entrepreneurs.

Financial statement that reports anticipated flow of income and expenses for a business.

Skills gained through life experience or working on a job that help an individual perform in the workplace or gain success in a career