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Entrep. - Ch. 3 Business Plan

AB
business plana written document that describes all the steps necessary in opening and operating a successful business
pro forma financial statementsa financial statement based on projected revenues and expenses
cover lettera letter that explains or provides more information about a document or set of documents
statement of purposeBriefly describes reasons for loan and how money will be used
executive summarya short statement of a report to capture reader's interest
SBAan independent agency of the federal government that was created to provide support to entrepreneurs and small businesses-Small Business Association
SCOREa nonprofit association made up of working and retired business professionals who volunteer their time to provide small businesses and entrepreneurs with free, real-world advice and know-how-Service Corps of Retired Executives
Trade associationsOrganizations that promote certain types of businesses
Exit strategya harvest strategy, or the way an entrepreneur intends to extract, or harvest, his or her money from a business after its operating successfully
Small Business Development Centerscenters that provide technical assistance to small businesses and aspiring entrepreneurs

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