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Start up Costs Pre-opening, one time cost required to start a new business.
Personal Sources of Financing Personal Savings, Friends and Family, Personal Loan, Bartering, etc.
Business Sources of Financing Business Associates, Suppliers, Prospective employees, etc.
Angel Investors Less Likely to seek control, Interested in "local" activities, want out of business in 3-7 years, High Net Worth Individuals.
Venture Capital Primarily in the U.S, Take high risks, want high rewards, more long term.
Assets a physical object or right that has a monetary value.
Current Assets assets expected to be used, sold, or realized in cash within one year.
Long-Term Assets tangible assets that are of a permanent or relatively fixed nature.
Liabilities debts owed by the business
Current Liabilities debts payable within one year
Long-term Liabilites Future debts payable beyond the current year
Equity Owner's claim against assets after the liabilities have been deducted
Created by: cjdavis



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