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e11obj 1.01
lap sm 007 nature of business plan
| Term | Definition |
|---|---|
| accounting | the process of keeping and interpreting financial 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 as 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 to work in the future ; the written business model |
| business structure | the company's configuration of employees for accomplishing specific business tasks ; how the business is organized |
| capital investment | the amount of money the business has invested in its goods and other property |
| capital structure | the organization of the influx and outflow of the company's money , including where the money goes on a regular basis; how a business pays for its operations |
| cash flow | the movement of funds 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 (guess) of how much will be spent on a given activity |
| equity | assets minus liabilities; also known as stockholders (or shareholders) 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 entire document; used to determine whether it is worthwhile to read any further |
| finance | the process of obtaining funds and using them to achieve the goods of the business |
| financial plan | the part of company's business plan that shows how the business has preformed ( or is likely o perform ) financially ; how a business intends to use its money |
| financial resources | all the sources of money available to a business or project |
| financial costs | funding a business activity or project through dept. , equity , or venture capital |
| fixed assets | items of value a business owns that are nor expected to change , e.g., buildings |
| funding | money available to a business from one or more sources |
Created by:
felix.j529
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