click below
click below
Normal Size Small Size show me how
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 |