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1.01 Key Terms
Nature of Business plans
| Term | Definition |
|---|---|
| Accounting | The process of keeping and interpreting financial records. |
| Appendix | A segment added to the end of a document, includes supporting. |
| 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 method or plan for making money. |
| Business plan | A company blueprint for success ,shows how the business works now and how it intended to work in the future , the written business model |
| business structure | the company 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's |
| capital structure | the organization of the influx and outlaw 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 into and outflow of the company's money, including where the money goes on a regular basis how a business pays for its operations |
| cost estimate | a ball park figure of how much will be spent on a given activity |
| equity | assets minus liabilies , also known as stockholders equity book value and net worth |
| executive summary | the most important part of a company business plan because it gives an overview of the entire document used to detriment whether it is worthwhile to read any further |
| finance | the process of obtaining funds and using them to achieve the goals of the business |
| financial plan | the part of a company's business plan that shows how the business has preformed finically how a business intends to use its money |
| financial Recourses | all the sources of money available to a business or project |
| financing cost | funding a business activity or project through debt equity or venture capital |
| fixed assets | items of value a business owns that are not exacted to change eg buildings |
| funding | money available to a business from one or more sources |
| human recourses | people who work to produce goods and services |
| income statement |
Created by:
Ethan.r
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