| A | B |
|---|
| entrepreneur | someone who takes a risk in starting his or her own business |
| fixed expense | rent |
| famous entrepreneurs | Bill Gates, Oprah Winfrey, Michael Jordan |
| target market | group of people to whom you want to sell your product |
| budget software | Google Sheets, Excel |
| advantages of a budget | keep up with spending, save money |
| first step to starting a business | business plan |
| variable expenses | gasoline, food |
| responsible, persistent, risk taker | entrepreneur traits |
| biggest risk of starting a business | failure |
| WPM (typing) | words per minute |
| correct % of words typed | accuracy |
| Google Docs is used for | creating text-based documents |
| This is an important financial sheet for entrepreneurs | balance |
| What a person "owns" | assets |
| What a person "owes" | liablities |
| 4 P's | product, price, promotion, place |
| A business with two or more owners | partnership |
| A business with one owner | sole proprietorship |
