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V

variable cost

Variable costs are costs that change with output, such as raw materials.

Example: If the ingredients to make one cake costs £5 the variable cost for one cake would be £5 but the variable cost for ten cakes would be £50


Venture Capital

Venture capital is money invested by an individual or group that is willing to take the risk of funding a new business in exchange for an agreed share of the profits.

 The venture capitalist will want a return on their investment as well as input into how the business is run.

Venture capital is money that investors provide to a company that is starting up or expanding. Venture capital is usually used when there is an element of risk with the business.