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EII obj 1.0

LAP Sm-007 Nature of Business Plan

TermDefinition
accounting the process of recording, classifying and summarizing financial transactions.
appendix a small finger-shaped tube that branches off the first part of the large intestine
balance sheet a financial statement that reports a company's assets, liabilities, and shareholder equity at a specific point in time
barrier to (market) entry technology challenges, government regulations, patents, start-up costs, or education and licensing requirements.
bottom line the final result or the most important consideration of a situation, activity, or discussion:
business model a company's plan for making a profit
business plan a document setting out a business's future objectives and strategies for achieving them.
business structure a category of organization that is legally recognized in a given jurisdiction and characterized by the legal definition of that particular category.
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 fairness and justice
executive summary provides an overview of the main points of a larger report
finance the management of large amounts of money, especially by governments or large companies
financial resources the funds and assets that finance an organization's activities and investments
financing costs costs incurred from borrowing from lenders or creditors.
fixed assets assets which are purchased for long-term use and are not likely to be converted quickly into cash, such as land, buildings, and equipment.
funding money given by a government or organization for an event or activity:
human resources focused on the recruitment and retention of employees within a company.
income statement a financial statement that shows you the company's income and expenditures
letter of intent declares your intent to do a specific thing
liabilities the state of being responsible for something, especially by law.
life cycle the series of changes in the life of an organism including reproduction.
Created by: alan.r063
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