| A | B |
|---|
| angel investor | Private investors who fund start-up businesses |
| assets | Property or items of value a business owns. |
| business plan | Written statement of goals and objectives for a business with a strategy to achieve them. |
| capital structure | Refers to the way a business is financed |
| cash flow | Movement of money into and out of a business. |
| collateral | Asset pledged that will be claimed by the lender if the loan is not repaid. |
| debt financing | Borrowing money that must be repaid for use in the business. |
| equity financing | Capital brought into a business in exchange for a percent of ownership in the business. |
| job-specific skills | Critical skills necessary to perform the required work-related tasks of a position |
| leadership | Ability to influence others to reach a goal. |
| market | All the people and organizations that might purchase a product. |
| market research | Gathering and analyzing information about a business. |
| mentor | Someone with experience who can provide advice |
| mission statement | Sentence in a business plan |
| planning | Process of setting goals and deciding how to accomplish them. |
| pro forma balance sheet | Financial statement that reports the assets, liabilities and net worth of the business. |
| pro forma cash flow statement | Financial statement that reports anticipated sources and uses of cash from operations, investing, and financing activities |
| pro forma income statement | Financial statement that project revenues and expenses to show whether or not a business is profitable. |
| pro forma financial statement | Financial statements based on estimates of future business performance, sales, and expenses. |
| start-up capital | Money necessary to start and open a business; also called seed capital |
| trait | Distinuishing characteristic or quality that makes a each person unique. |
| transferable skills | Skills gained through life experience or working on a job that help an individual perform in the workplace or gain success in a career; also known as foundational skills. |
| venture capital | Money invested in business by investors who form partnerships or groups to pool investments. |
