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Ell obj. 1.01
LAP Sm-007 Nature of Business Plan
Term | Definition |
---|---|
Accounting | process of recording financial transactions |
Appendix | final section of business plan |
Balance sheet | financial statement that reports a company's assets |
Barrier to (market) entry | tech challenges, gov. regulation, patents |
Bottom line | business net income |
Business Model | company plan to make a profit |
Business Plan | formal written document containing goals of the business |
Business Structure | legal structure |
Capital Investment | the acquisition of physical assets by a company |
Capital Structure | mix of capital - it's debt and equity |
Cash Flow | net cash, cash equivalents |
Cost estimate | estimation of the cost of the program |
Equity | value of shares issued by the company |
Executive Summary | overview of a larger report |
Finance | management of money |
Financial Plan | financial short and long term goals |
Financial Resources | funds that finance an organization |
Financing Costs | cost, interest, and other charges involved in borrowing money |
Fixed Assets | physical and tangible items that are used in business |
Funding | contributing resources to a financing program |
Human Resources | recruitment and retention of employees within comp. |
Income Statement | shows a company's revenue |
Letter of intent | preliminary commitment |
Liabilities | responsibility of something |
Life cycle | series of changes in life |