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SBE 3.00 Test Crossword
Down
:
1) Operated by the government to provide technical assistance, counseling, grants, or other means of financial assistance at low-interest rates.
2) Individuals or firms that invest money professionally to make money, expect a large capital gain, and look for high growth potential.
4) Expenses incurred by the entrepreneur for goods and services for personal use rather than for use in the business.
5) Items of value owned by the business.
7) The ongoing expenses resulting from the operation of the business
10) Debts owed by the business.
11) Expenses that may change from month to month depending on the needs of the business; costs that increase and decrease with the quantity of the good or service produced/sold.
12) Cooperatives formed by labor unions or employees for the benefit of the members.
15) Willing and able to repay a debt.
16) Borrowed money that is repayable over a period longer than a year.
17) Wealthy individuals functioning as non-professional investors who are willing to invest in local businesses for financial or emotional reasons and who sometimes prefer to remain anonymous.
Across
:
3) A plan indicating how and when debts of the business will be paid.
6) A loan that is not guaranteed by collateral.
8) The cost of doing business; all business expenses except the cost of goods sold.
9) The monetary value of the business; assets minus liabilities.
13) A loan that is backed by collateral.
14) Cash that is set aside for unexpected needs of the business.
18) Expenses that remain the same for a period of time; must be paid regardless of the quantity of a good or service produced/sold.
19) Funds provided to entrepreneurs by the state in an effort to encourage economic development and creation of jobs.
20) One-time expenses an entrepreneur incurs when starting a business.
21) Sources of funding that require the money borrowed to be paid back with interest.
22) Borrowed money that must be repaid within one year.
23) Agreements made by a bank to lend money at a stated interest rate whenever the owner needs it. A fee is charged for the privilege whether the money is used or not, and interest is charged on any money that is used.
24) Capital sources that trade cash for some portion of ownership in the business; sometimes called risk capital because the investor puts his/her money at risk.
25) Short-term financing that allows an entrepreneur credit from vendors within the business’s industry or trade.
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