Entrepreneurship terms

Value returned to company’s shareholders if all assets were liquidated and debts were paid off

the amount of money one puts into a business as capital

an individual who undertakes the creation, organization, and ownership of a business

capital, skilled labor, management expertise, legal and financial advice, a facility, equipment, and customers

income, especially when of a company or organization and of a substantial nature.

company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model.

an idea that has commercial value

Measure used to evaluate efficiency/profitability of an investment

Business undertaking involving risk

Cost required for something

deals with the production and distribution and consumption of goods and services and their management

What does CEO stand for?

the buildings, equipment, tools, and other goods needed to produce a product, or the money used to purchase them

a company that is organized for commercial purposes

provides capital for a business or businesses start-up, usually in exchange for ownership equity

money that is left after all the expenses of running a business have been deducted from the income

Something a person / company owes (usually $)

Something of benefit that could be used to produce economic value

intangible items that have monetary value and satisfy needs and wants

when wants are greater than resources