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EII obj 1.01
LAP Sm-007 Nature of Business Plan
| Term | Definition |
|---|---|
| Accounting | can benefit from the prosses of writing a business plan |
| Appendix | supplementary final section that provides additional document and validation that your business plan is on point |
| Balance sheet | a statement of a business assets, liabilities, and owners equality as of any given date |
| Barrier to (market) entry | also look for how the business intends to achieve and maintain its desired portion in the martyred |
| Bottom line | company's net income, or the "bottom" figure on a company's income statement |
| Business model | how an organization creates, delivers, and captures value, in economic, social, cultural or other contexts |
| Business plan | is a company's blue print for success |
| Business structure | describes the legal structure of a company that influences the day-to-day operations of a business |
| Capital investment | the expenditure of money to fund a company's long-term growth |
| Capital structure | the specific mix of debt and equity that a company uses to finance its operations and growth |
| Cash flow | the net cash and cash equivalents transferred in and out of a company |
| Cost estimate | the approximation of the cost of a program, project, or operation |
| Equity | an ownership interest in property that may be offset by debts or other liabilities |
| Executive summary | provides an overview of the main points of a larger report |
| Finance | production and human resources |
| Financial plan | a popular section to read is the financial plan |
| Financial resources | to accomplish its goal |
| Financing costs | time delays |
| Fixed assets | startup costs, or other relevant expenses |
| Funding | form a bank or investor |
| Human resources | to accomplish its goals |
| Income statement | the cost flow statement |
| Letter of intent | take it as a good sign |
| Liabilities | any issues concerning insurance proudness |
| Life cycle | of the product |