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EII obj: 1.01
| Term | Definition |
|---|---|
| Accounting | the process of keeping and interpreting finacial records |
| Appendix | a segment added to the end of a document; includes supporting information |
| Balance Sheet | a financial statement that captures the financial condition of the business at that particular moment |
| barrier to (market) entry | anything that blocks the way or makes it more difficult to enter a particular market |
| Bottom line | net outcome |
| Business model | the company's method or plan for making money |
| Business plan | a company's blueprint for success; shows how the business works now and how it is intended in the future |
| Capital investment | the amount of money the business has invested in its goods and other property |
| business structure | the company's configuration of employees for accomplishing specific business tasks |
| capital structure | the orginization of the infux and outflow of the compay's money including where the money goes on a regular basis; how a business pays for its operations |
| Cash flow | the movement of funds into and out of a business; determines the amount of cash the business has to work with at any given time |
| Cost estimate | a ball-park figure (or guess)of how much will be spent on a given activity |
| Equity | Assets minus liabilities; also known as stockholders' equity,book value, and net worth |
| Executive Summary | the most important part of a company's business plan because it gives an overview of the eqntire document |
| Finance | the process of obtaining funds and using them to acheive the goals of the business |
| financial plan | the part of a company's business plan that show how the business has performed financially; how a business intends to use its money |
| Financial resources | all the sources of money avaliable to a business or project |
| Financing costs | funding a business activity or project through debt, equity, or venture capital |
| Fixed assets | items of value a business owns that are not expected to change |
| funding | money availiable to a business fromone or more sources |
| Human recources | people who work to produce goods and services |
| Income statement | a financial summary that shows how much money the business has made or has lost over a period of time |
| Letter of Intent | a document communicating what a person or business intends to do within a specific timeframe |
| Liabilities | responsibilities of the business, especially legal responsibilities |
| Life cycle | The stages through which goods and services move from the time they are introduced on the market until they are taken off the market |
| Management | the process of coordinating resources to accomplish an organization's goals |
| Market analysis | A systematic study of the market |
| Market Position | the rank ofa particular business in a specific market |
| Marketing | an organization for creating, communicating, and delivering value to customers and for managing customer relations that benefit the organization |
| marketing plan | a set of procedures for attracting the target customer to a business |
| Niche | the small segment of total market |
| Operations | day-to-day activities required for business function |
| Physical recources | materials for activities |
| product | goods or services the business offers |
Created by:
GabrielRO
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