Business Plan Vocabulary

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Across
  1. 1. A person or entity that provides capital to a business, often in exchange for ownership equity or interest, with the expectation of generating a return on the investment.
  2. 4. The methods or platforms used by a business to distribute and sell its products or services, such as online stores, retail outlets, or direct sales.
  3. 8. An item or service created and offered by a business to meet the needs or desires of customers.
  4. 14. A plan that outlines how a business will promote and sell its products or services to its target market, including specific tactics and goals.
  5. 16. A written document that outlines the goals of a business, strategies for achieving those goals, financial projections, and operational plans.
  6. 18. The act of providing funds for business activities, including investments, loans, or raising capital through different sources.
  7. 19. Physical assets such as machinery, tools, equipment, and technology used in the production of goods and services.
  8. 21. The process of evaluating and comparing the strengths and weaknesses of current or potential competitors in the market.
  9. 23. An individual who starts and operates a business, taking on financial risks in the hope of profit.
  10. 24. Raw materials or resources derived from the environment, such as water, minerals, land, or timber, used in the production process.
  11. 25. The unique benefit or value that a product or service offers to customers, distinguishing it from competitors and addressing customer needs or pain points.
Down
  1. 2. A specific group of potential customers identified by a business based on demographic, geographic, and behavioral characteristics, who are most likely to purchase its products or services.
  2. 3. Individuals who work for an organization or company in exchange for compensation, performing specific roles or tasks.
  3. 5. A brief section at the beginning of a business plan or report that provides a summary of the key points, including the business concept, financial outlook, and objectives.
  4. 6. An intangible offering provided by a business to customers, typically involving skills, expertise, or experiences, rather than a physical product.
  5. 7. Achieving desired outcomes or results with the least amount of cost or resource expenditure.
  6. 9. A financial plan that outlines projected income and expenses over a specific period of time, helping an individual or business manage finances effectively.
  7. 10. The workforce or labor used in the production of goods and services, including skills, knowledge, and effort provided by employees.
  8. 11. The activities and strategies used to promote and sell products or services, including market research, advertising, and branding.
  9. 12. A sum of money that is borrowed from a lender, typically with an agreement to repay it with interest over a set period.
  10. 13. The inputs used to produce goods or services. They can be divided into three categories:
  11. 15. The routine activities and processes that keep a business running smoothly on a day-to-day basis, such as production, customer service, and inventory management.
  12. 17. A one-page business plan template designed to help entrepreneurs deconstruct their business idea into key components, focusing on problem-solving and value proposition.
  13. 20. To promote or publicize a product, service, or brand through various media (e.g., TV, online, print) to attract customers or clients.
  14. 22. The money received by an individual or organization as a result of employment, investment, or business operations.