Unit 3

5. Brief account of the key points contained in a business plan
6. Outlines the business and helps investors understand the size, scope and type of your business
7. Someone who recognizes a business opportunity and organizes, manages, and assumes the risks of starting a business
9. Can also be called a "Dot-com" business; A business that operates on the internet
10. Government agency that protects the interest of small businesses
14. Shows qualifications of you and any partners you might have in your business
15. How the business will expand in the future
16. Establishes the scope and purpose of a company and reflects its values and beliefs
17. Includes demographic data about the target market and business location
18. Looks at likely risks to the business and ways to minimize those risks
19. Presents research of the industry and discusses trends and growth in the industry

1. Presents forecasts for the business to show its financial health
2. A business undertaking that involves risk
3. Describes the product or service you want to offer along with possible spin-offs
4. Describes the people who will run the firm as well as management's philosophy
8. And independently owned business that usually has the owner as its manager
11. Expresses the specific aspirations of a company and the goals it will try to reach
12. Shows Information gathered about competitors
13. ncludes business processes that result in production and delivery of product or service