Relacionar Columnas Shooting Stars Vocab GameVersión en línea Definitions every entrepreneur should know por Starling Sturm 1 Human resources 2 Economics 3 Entrepreneurship 4 Supply and demand 5 Profit 6 Sales 7 Budget 8 Customer acquisition 9 Accounting 10 Market research 11 Exit strategy 12 Investment 13 Value proposition 14 Pitch 15 Funding 16 Marketing 17 Business model 18 Start-up The department within a business that is responsible for hiring, training, and managing employees. the unique benefit that a product or service provides to customers, and the reason why customers should choose that product or service over others. The process of acquiring new customers and building a customer base for a business. The process of creating, developing, and managing a business venture to achieve a profitable and sustainable outcome. The money that is invested in a business to support its growth and development. The plan or strategy that a company uses to create, deliver, and capture value. The process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions. The process of identifying, anticipating, and satisfying customer needs and wants through the creation, promotion, and distribution of products or services. A presentation given to potential investors or partners that outlines the business idea, market opportunity, and growth potential of a company. The amount of money left over after all expenses have been paid in a business. The act of putting money into a business or other venture with the expectation of making a profit. A financial plan that outlines the expected income and expenses for a given period of time. The study of how people, businesses, and governments allocate resources to meet their unlimited wants and needs. The process of collecting and analyzing information about a target market to better understand customer needs and preferences. The plan for how an entrepreneur intends to sell or exit their business in the future, often involving an acquisition, merger, or IPO (initial public offering). The process of selling products or services to customers in exchange for money or other forms of payment. The economic principle that describes the relationship between the availability of a product or service (supply) and the desire for that product or service (demand). A newly established business venture that is typically characterized by innovation, high growth potential, and uncertainty.
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