Business Entrepreneur Terms!

Front

Examples of goods

Back

Shoes, cars, food

Front

Definition of an asset

Back

Anything that can be repossessed by the banks if your business is becoming unprofitable

Front

Definition of Income

Back

Sales on goods, profit revenue, and accepting donations

Front

Definition of a Debtor

Back

The people or business that owe people money.

Front

Example of services

Back

Doctors, Lawyers, Car Mechanic

Front

Definition of Liability

Back

Bank loans, taxes, and customer deposits - Anything that you can lose personally.

Front

Definition of a creditor

Back

The people or business that people owe money to.

Front

Examples of expenses

Back

Rent, salaries, bills, unforeseen repairs.

Front

Definition of Start-up Capital

Back

The initial money you have to begin a new business.

Front

An enterprise is...

Back

A type of business!