| A | B |
|---|
| business plan | a written document that describes all the steps necessary in opening and operating a successful business |
| cover letter | a letter that explains or provides more information about a document or set of documents |
| pro forma financial statements | financial statements based on projected revenues and expenses |
| trade associations | organizations that promote certain types of businesses |
| executive summary | a short restatement of the report portion of a business plan |
| harvest strategy | an exit strategy, or the way an entrepreneur intends to extract, or harvest, his or her money from a busines after it is operating successfully |
| Service Corps of Retired Executives (SCORE) | group made up of retired executives who volunteer their time to provide entrepreneurs with real-world advice and know-how |
| Small Business Administration (SBA) | independent agency of the federal government that was created to help Americans start, build, and grow businesses |
| Small Business Development Centers (SBDC) | centers that provide management assistance to current and prospective small business owners |
| statement of purpose | brief explanation of why the writer of a business plan is asking for a loan and a explanation of what he or she plans to do with the money |
