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10 Cards in this Set

  • Front
  • Back
  • 3rd side (hint)

Equity

Investment in the business by the owner(s)

Investment

Demographic

Means of seperating customers into groups by factors such as age gender income or education

Seperate class

Geographics

Means of seperating customers into groups by location such as city county state region or country

Seperate place

Psycographics

Means of separating customers into groups by lifestyles such as interests activities or opinions

Seperate ideas

Competitive advantage

The set of unique qualities of your products and services that will attract and retain customers

Keeps attracting customers

Break even analysis

Point in time at which business becomes profitable

Profitable time

Pro forma

Finacial statement for projected financial analysis showing the anticipated future economic activity for the business

Future financial activity

Balance sheet

Report listing the balances of the assests liabilities and equity as the specific date

Equate

Assets

Items of worth to the business

Cash accounts receivable inventory and equipment

Liabilities

Amounts owned by the business

Owned debt