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Economics

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Economics

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Creating a Business

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United States

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Economics
 

EconomicsOnline version

Creating a Business

by Savannah Diamond
1

I have a problem and an idea to solve it. Who am I?

Hints

I grow something big from a small start

I adapt as I learn

I lead with a plan

2

I am a formal request to invest, built to explain who we are, what we want, and why it matters. I blend numbers with a story to win support. What am I?

Hints

Used to seek funding or approval for a project or startup.

Includes sections that summarize the venture, market needs, and financials.

Aimed at potential investors or strategic partners.

3

I help you plan how much you can spend, balancing needs and wants while tracking every dime. What am I?

Hints

You compare income to expenses to stay within limits.

Often made at the start of a month or project.

It's a plan for spending and saving.

4

I am the group a creator aims to speak to, shaping what I say and how I say it. Without me, messages drift without purpose. Who am I?

Hints

I sit at the start of planning: who benefits from this information?

I influence tone, language, and content choices.

I am the group you design for your message to reach.

5

I am a secret map that doesn't lead to gold, but helps a brand's story finally be told.

Hints

"Game plan" for a business

3 p's (price, product, promotion)

My main job figures out who wants to buy and how to make them excited about it!

6

If I'm too high you might walk away, if I'm too low you'll think I'm broken.

Hints

Has to be high enough to cover production but low enough to be a "good deal"

You can often find me on a barcode, tag, or menu

The amount of money customers pay

7

I am the reason a store opens their door

Hints

I am the who of the marketing plan

My needs and wants drive a business

Might hear me called a "consumer"

8

The give and the take

Hints

The exchange of money for a product or service

Requires 2 sides to agree

Happens at a cash register or checkout page

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