A summary of your business's income and expenses during a specific period.

Someone who organizes and then runs a business

The potential for future sales

The loyalty of existing customers

A legal right to sell a company's goods and services in a particular area.

The business is completely owned by one person.

The amount left after operating expenses are subtracted from the gross profit.

A business, chartered by the state that legally operates apart from the owner(s).

The difference between the costs of goods and their selling price.

The expenses involved in going into business.

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