test4 Flashcards
an investment worth money a financial investment indicating ownership.
Securities
an investment vehicle.
Security
the ability to peruse what you think is right or necessary to do despite temptations to quit.
Self-Discipline
the ability to pursue a task without being told by someone else.
Self-Motivation
cost that vary somewhat based on the number of units you sell.
Semi-Variable Costs
an individual that owns a company sole proprietorship are taxed on the profits of the company.
Sole Proprietorship
one of the equal parts into which a company’s capital is divided entitling the holder to a proportion of the profits.
Share
an individual or company that owns shares in a company.
Shareholder
all people or companies associated with an enterprise.
Stakeholders
shares of ownership in a company.
Stocks
a company that provides a good or service to another company.
Supplier
the hard work a small business owner puts into forming founding and operating his/her business.
Sweet Equity
the exact customers and market sector the business intends to serve.
Target Market
working with others to address a challenge.
Teamwork
fixed cost plus variable cost.
Total Costs
units times price.
Total Revenue
the practice of operating openly and communicating fully.
Transparency
assets that are not already pledged as a guarantee to repay another loan.
Unencumbered
units refer to things the company sells.
Units
debt that does not include a promise by a guarantor to repay the loan in the event the debtholder is unable to make a required payment.
Unsecured Debt
costs that vary based on the units sold by your enterprise.
Variable Costs
5 steps to becoming certified
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