Entrepreneur Flashcards
break-even point
The minimum sales revenue or total units sold needed for a business to be able to cover it’s own expenses and begin to make a profit.
cash flow forecast
Process of estimating the cash that will be coming into a business and the cash that will be flowing out of the business during the same period of time.
debt financing
Obtaining funds to start or operate a business borrowing money that has to be paid back to a lender.
demand
The quantity (amount) of s good or service buyers are willing to purchase (per unit of time) at various prices.
equity financing
Obtaining funds to start or operate a business by selling shares of ownership in the business; equity investors share in the profits.
expense
Product costs plus operating expenses.
interest
Price being paid to the lender for using his or her money.
loss
Total expense
market price
operating expenses
opportunity cost
product costs
profit
revenue
start-up costs
