Creating a Business Plan - Basics

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Across
  1. 3. Profit is equal to ______________ minus expenses.
  2. 5. Forward looking financial predictions are called ____________________ statements.
  3. 7. A business plan should include the ________________ market, or the main audience the business is trying to reach.
  4. 8. A business plan should include plans for any new products or services expected in the next __________ years.
  5. 9. The type of business that Cheryl was trying to open in the Knowledge Matters meeting.
  6. 10. A blueprint for how the company will operate and succeed is called a ________.
  7. 14. A business plan is helpful to secure ________________, so that your company has enough money to get started.
  8. 15. An individual that takes a financial risk by opening a new business or creating a new product is known as an _________________.
  9. 16. The __________________________ at the end should present data and product comparisons supporting any claims in the business plan.
  10. 17. A business plan normally does NOT include information about all of the _________________ that work for the company (or are projected to work for the company).
  11. 18. The key ______________________ section of the business plan is very important because oftentimes investors will invest in people more than ideas.
Down
  1. 1. The ______________ section is essentially where you describe how you will manage the company on a day to day basis.
  2. 2. Investors often want to know what makes a business _______________ before investing in it.
  3. 4. The federal ____________________ does NOT have a mandated outline for how a business plan must be written.
  4. 6. The point where your revenue is equal to your expenses is called the _______________ point.
  5. 11. The ______________ section of a business plan includes the operations, key personnel, marketing section and the financial management section.
  6. 12. Google Sheets and Microsoft Excel are examples of ____________________ software that is helpful to keep records of your finances.
  7. 13. It is important for a business plan to mention the ______________ involved, even if it may scare away some investors.