A | B |
Financial Projections | Section of a business plan that includes a balance sheet, expenditures, income, and proposed sources of funding |
Failing | When a business is doing THIS You should adjust policies |
Reduce | Paying suppliers quickly will do THIS to the cash availible |
Owner's equity | Assets minus liabilities equals this |
Business Plan | A valuable tool for every type of business. |
how the sections fit together | In analyzing a business plan, the most important part is |
operations | A good indicator of the strength of a business is its cash flow from THIS |
Expenses | What a manager in a turnaround situation has the most control over |
cash | Negative cash flow this means there is less of THIS coming in than going out |
loan | One of the reasons you should have a professional business plan is to be able to get one of these |
Revenue | Negative weekly profits will always resort in negative weekly ___________ |
questions | To encourage honest employee feedback, you should be frinedly and ask these |
Business Plan | FInancial projections, marketing plan, and key personnel are in THIS |
Low | When market share is low, this means that revenue is THIS |
Staffing | If physical inventory indicates products are missing, you should adjust this |
Customers | In a business plan, who is your target market |
Financial projections | In the business plan this is useful to understand business potential |
Profitable | If your sales are declining you should analyze your business and implement a strategy to become |
Long term loan | A loan that will take over one year to repay |
projected sales | to find this multiply expected growth by expected sales |
executive summary | A short summary of the entire business plan |
declining profit | One of the main causes for concern in a business |
fixed expenses | Even if the business exhibits several warning signs of a turnaround, you should continue to pay this |
expenses | revenue minus THESE gives you net profit |
Misspelled words | A professional business plan should never have these |
Restock shelves | In order to keep your current customers satisfied and attract new customers you should do this often |
Business Plan | Some components of this executive summary, managment team, and financial projections |
Revenue | To calculate this you need to add in any increases/decreases in sales and prices |
poorly | If your store is in turnaround, your store is doing THIS |
raise them | if you discover your business has a gross margin in the negative you will need to do this with your prices |
Competitors | You would give a business plan to bankers or investors but NOT these |