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Ell obj 1.01
Nature of business plan
| Term | Definition |
|---|---|
| Accounting | Can benefit from the process of writing a business plan, as they discover and discuss each other's management capabilities. |
| Appendix | Final section of your business plan that provides additional documentation. |
| Balance Sheet | look through the financials |
| Barrier to(market)entry | entering a market and competing with other businesses |
| Bottom Line | Show how funding will inhance it's business |
| Business model | The way the business makes money |
| Business plan | Is a company's blueprint for success |
| Business structure | meant to show the company is organized |
| Capital investment | costs |
| Capital structure | layout |
| Cash flow | necessary to achieve project succes |
| Cost estimate | how company will affected by paying for exponcian |
| Equity | capital |
| Executive summary | is the most important part of your business |
| Finance | sub plan of business plan |
| Financial plan | weather the company has enough to succeed |
| Financial resources | accomplish it's goals |
| Financing cost | involved in the borrowing of money to build or purchase assets |
| Fixed costs | expenses for expenses or startup cost |
| Funding | from a bank or investor |
| Human resources | how compentent a business is likely to be |
| Income statement | financial changes, positive or negative |
| Letter of intent | supported by credible sources |
| Liabilities | any issues concerning insurance providers |
| Life cycle | the development process |