What is a Mortgage?
Money you have to buy a house
Money you have to rent a house
Loans from the bank that are used to buy land or buildings
Loans from the bank that you spend on your life needs
What are profits?
Left over money from your pocket money
The amount by which a business's revenue from all its sales exceeds its costs
An amount of money that you earn and then spend on resources
Left over tips
An objective is a target that is set for a business to achieve
What is a Risk?
The possibility of something going wrong
Where something has gone wrong
The possibility of something going right
Where something has gone right
What is a Market Segmentation?
A group of people that have meeting about a business market
A group of similar needs within the overall market
A group that has a business idea and wants to share
A group of business people who search around for a place in the market