Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
Entrepreneurship
Vocabulary
| Question | Answer |
|---|---|
| Angel | an angel is a type of investor, usually a wealthy individual, who will take a share of your business in return for financial support. |
| Assets | things a business owns, e.g. buildings, vehicles stock and money in the bank. |
| Boot Camp | is a training camp for learning various types of skills and is designed to get you ahead in your start-up journey. |
| Brand | Refers to the words and symbols such as a name, logo and slogan that represent a business' identity. |
| Business Model | Describes how a company will capture value from the business. |
| Business Plan | A written document describing in detail how a business will assume to achieve its objectives and direct itself, both operationally and financially. |
| Capital Expenditure | Money spent on buying or improving items that will be owned by a business for a long time, for example, buildings or equipment. |
| Cashflow | Refers to the money flowing in and out of a business. |
| Crowdfunding | When a large number of individuals will each invest small amounts of money in a business or project using the internet to collect the money. |
| Crowdsourcing | engages a larger crowd for a common goal allowing the business to access a wide variety of skills and experience. |
| Elevator Pitch | A concise, compelling and convincing presentation that outlines an idea for a particular product, service or project which is delivered in a short time period of an elevator ride, typically 20 - 60 seconds. |
| Enterprise | has two meanings. Firstly, it is another term for a business. Secondly, the term describes an individual who takes the initiative and risk to set up a business. |
| Enterprising | When an individual or business displays an interest in new or unusual ways of doing or achieving and is characterized by great imagination. |
| Entrepreneurial | The adjective form of 'entrepreneur' referring to a person who takes a financial risk in hope of making profit. |
| Expenditure | Money paid or cost. |
| Fixed Assets | Things a business owns or controls for a long time, such as premises or equipment. |
| Fixed Costs | Costs that stay the same, regardless of how many sales a business makes, for example, rent. |
| Founder | The name given to the individual who starts a company. |
| Gross Profit | Total income from a business’ sales minus the direct costs of making the sales (this does not include a business' overhead or running costs). |
| Hackathon | A hackathon is an event where individuals come together to creatively solve problems. |
| Innovation | is the development of new ideas or better solutions that meet new requirements. |
| IP Intellectual property (IP) | refers to creations of the mind used in buying and selling, for example, inventions, creative work, names and images. |
| Launch | introducing a new product or service to market. |
| Market Positioning | How a business presents its products/services in relation to its competitors; higher quality, cheaper etc. |
| Marketing | Any activity a business does to try and contact potential customers. |
| Mission Statement | A sentence that describes what your business aims to achieve in the long term. |
| Net Profit | A business' total income minus its total costs. |
Created by:
Jodom
Popular Business sets