Entrepreneur Flashcards
1
Q
break-even point
A
minimum sales a business needs to cover expenses and make a profit
2
Q
cash flow forecast
A
estimating the cash going in and out of the business
3
Q
debt financing
A
borrowing money to operate a business
4
Q
demand
A
quantity of a good/service buyers are willing to purchase
5
Q
equity financing
A
obtaining funds to start a business by selling shares of ownership
6
Q
expense
A
cost plus operating expense
7
Q
interest
A
price being paid for a loan
8
Q
loss
A
total expenses minus total revenue when the revenue is less than expenses
9
Q
market price
A
price the quantity that buyers are willing to buy equals quantity that sellers are will to supply
10
Q
operating expenses
A
11
Q
opportunity cost
A
12
Q
product costs
A
13
Q
profit
A
14
Q
revenue
A
15
Q
start-up costs
A
16
Q
supply
A
17
Q
target market
A
18
Q
venture capitalist
A
