Chapter 3:Business Plans

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Across
  1. 2. A financial statement that summarizes all cash inflows and outflows during a specific time period
  2. 4. Where the target market may live
  3. 8. This section describes the target audience for the business.
  4. 9. A written document that describes all the steps necessary for opening and operating a successful business
  5. 10. Where and how the product or service is sold
  6. 14. Supporting documents
  7. 15. The pricing strategy, including how it compares to competitors and how it appeals to the target market
  8. 17. A strategic planning tool used to evaluate a business’s
  9. 18. An independent agency of the federal government that was created to provide support to entrepreneurs and small businesses
  10. 19. The four P's of marketing
  11. 20. Provides a concrete, action-oriented description of what a company or organization will do and why
  12. 22. A financial statement that summarizes a company's assets (what it owns), liabilities (what it owes), and equity (the owners' stake in the business) at a specific point in time
  13. 23. A nonprofit association made up of working and retired business professionals who volunteer their time to provide small businesses and entrepreneurs with free real-world advice and know-how
  14. 24. How much profit an investor can expect to make from investing in your business
  15. 25. A financial document that outlines a company's revenue and expenses over a specific period
  16. 26. Brief explanation of why you are asking for a loan and what you plan to do with the money
  17. 27. Measurable characteristics
Down
  1. 1. What your target market likes (interests, values)
  2. 3. Introduces and explains an accompanying document or set of documents
  3. 5. Marketing and advertising strategies, such as social media, flyers, commercials, and discount
  4. 6. Provide technical assistance to small businesses and prospective entrepreneurs
  5. 7. The buying/use habits of your target market
  6. 11. How much money your business needs to start or grow
  7. 12. A short restatement of the report
  8. 13. What the business is selling, including features, benefits, and unique selling points
  9. 16. Summarizes the goals and objectives you have for your business
  10. 21. This section gives an overview of the industry the business operates in