1 | Asset | | _____ | Open source of funding for set amount |
2 | Amoritization | | _____ | Item of value pledged to a lender |
3 | Capital | | _____ | Business value after liabilities subtracted |
4 | Bottom Line | | _____ | Assets compared to liabilities |
5 | Collateral | | _____ | Item of value owned by you or company |
6 | Current ratio | | _____ | Outside investments in a business |
7 | Depreciation | | _____ | Amount of money borrowed |
8 | Equity | | _____ | Money invested in a business |
9 | Liquidity | | _____ | Length of time a loan is paid back |
10 | Overhead | | _____ | Net profits |
11 | Pro Forma | | _____ | Percentage of a sale paid to a salesman |
12 | P&L Statement | | _____ | Ongoing Admin costs that need to be paid |
13 | Venture capital | | _____ | A business that buys from manufacturers for resale |
14 | Principal | | _____ | Financial report showing income and expenses |
15 | Operating costs | | _____ | Total amount of income coming into a business |
16 | Line of Credit | | _____ | Decline in value of an asset |
17 | Distributor | | _____ | How fast a business can convert assets to cash |
18 | Entrepeneur | | _____ | Estimates of future business projections |
19 | Commission | | _____ | Cost of doing business day to day |
20 | Gross Income | | _____ | A person who starts or runs their own business |