| A | B |
|---|
| small business goal is generate | profits |
| entreprenuers will take | unknown risks |
| customer to business is a | B2C transaction |
| S Corporation | good for profit corporations |
| C Corporation | pays double taxes |
| a stockholder has | equity |
| design teams create | minimum viable products |
| products | is tangible |
| service | a training is needed to perform |
| business purchases from another business | B2B |
| shipping costs | associated with tangible products |
| car detailing | a service being performed |
| FWISD | is an example of non profit business |
| legal structures | various ways to create abusiness |
| C Coporation | have limited liability |
| LLC | has a personal tax rate |
| sole proprietorship | is responsible for ALL debt |
| C Corporation | best for international businesses |
| partnership | has shared financial backing |
| license | needs to be obtained to use a brand name on products |
| market size | used to determine viability of a business |
| one page | A lean canvas should be |
| invention | a patent covers an |
| trade secrets | protect formulas |
| financial plan | should be directed to potential investors & lendors |
| self-reliance | a trait of an entrepreneur |
| resilency | a trait of an entrepreneur |
| financial risk | to consider becoming an entrepreneur |
| environmental risk | a type of risk for an entrepreneur |
| political risk | a type of risk for an entreprenuer |
| stockholder | votes on management of a company |
| stakeholder | has an interest in the company |
| CFO | oversees financials of a company |
| CEO | reports to the board of directors of a company |
| equity | none cash compensation, ownership in a company |
| hourly | a set rate for hours worked |
| comission | found in sales jobs |
| comision | being paid 4% of what's sold is.... |
| salary | a set amount of pay |
| stakeholder | might have equity in a company |
| equity | is non cash compensation |
| hourly pay | Santiago makes $17.10 for every hour he works this is.. |
| salary pay | Educators make a set amount, this is.. |
| commission pay | car salesmen make 4% of the sales, this is |
| CFO | this person is responsible for monies in a business |
| pivot | David chooses to (blank) by growing the business |
| exit | Denise chose to (blank) the business to purchase a new one |
| non-disclousure | Pedro requires employees to sign a |
| trade secrets | this protects confidentiality of recipes |
| invention | a patent protects an (blank) from being copied |
