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19 Cards in this Set

  • Front
  • Back
Capital
The money or other assests used to fund the establishment of a business
Creditors
Suppliers of goods and services to businesses, especially where these are supplied on credit not cash
Demography
The study of a population
Dividend
A payment made to a company's shareholders
Franchise
A business for which there is an agreement for the use of a brand name
Franchisee
The owner of a franchise
Franchisor
The business firm that provides the goods and services for a franchise
Goodwill
The monetary value of the reputation of an existing business
Incorporated association
A non-profit organisation involved in commercial acitivity.
Inputs
Goods and services used in the production process
Leasing
Using equipment or property for a specified period of time in return for a fee or rent
Overdraft
A bank account facility that allows you to withdraw more funds from an account than you have deposited
Partnership
Where two or more people share responsibility for the operation of a business
Private Company
A business that is not listed on the stock exchange and has 50 or fewer shareholders
Public Company
A company listed on the stock exchange.
Shareholder
A person who owns shares in a business
Sole Trader
A business with a single owner who is responsible for every aspect of the operation of the business
SWOT Analysis
An assessment of a business's strength, weaknesses, opportunites and threats
Target Market
The group of customers to which an organisation intends to ain its marketing efforts