Further Education, Employment and Skills for Youth in Rural Areas

Author: Youth 2 Youth.

What the? Biz terms explained…

• Venture capital - The finance the business has.
• USP (unique selling point) - The original concept that will sell your product/service: For example, internet cafes have a great USP - get a coffee while your surf the web!
• Start-up Equity - The finance the business has to start up.
• ABN (Australian Business Number) - A number used when registering for tax.
• IP (Intellectual Property) - Your valuable ideas and creations, including writing, inventions, business concepts.
• Customer profile - A description of the characteristics and wants of your customers.
• Promotion - Informing customers and the public about your biz.

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