NEON QUIZ

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11 Terms

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Retail Cost

The selling of goods to a consumer

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Entrepreneur

One who organizes manages and assumes the risks of business

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Franchise

The right to market accompanies goods or services in a particular territory

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Expenses

Money paid out to cover the cost

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Profit

Money left over after expenses

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Wholesale cost

The price of the store pays for the goods

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Inventory

List of goods in your store

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Utilities

A company that performs a public service

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Advertising medium

A method of communication that you choose for telling about your product

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Slogan

A phrase or saying used to promote your product - when the public hears your slogan, they will associate it with your product

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IPO

Initial public offering -The first time you offer part of your company to the public - You sell stock