Define Market: Buyer+Seller= Transaction=MARKET
Define Assumption: 'Presumption; arrogance'
Define Entrepreneur: One who undertakes an entreprise, one who owns and manages a business, a person who takes the risk of profit and loss.
Define AIM: Alternative Investment Market
Define Angel Investor: High net-work private individual who is looking to invest in companies that are likely to achieve high growth
Define Balance Sheet: Statement which shows the assets and liabilities of a compant on a praticular date
Define Brand: Trademark, trade name, design ect. identifying a particular manufacturer's products
Define Brand awareness: Level of public familiarity with a branded product
Define Business angel: High net-worth private individual who is looking to invest in companies that are likely to achieve high growth
Define Business plan: A statement of business strategy including full financial model, product viability, analysis of market and competition, marketing strategy, breakdown of people and management, goals and mission and usually five year outlook
Wednesday 14 October 2009
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