| A | B |
|---|
| Equity | Assets minus liabilities; also known as stockholders’ (or shareholders’) equity, book value, and net worth |
| Executive summary | The most important part of a company’s business plan because it gives an overview of the entire document; used to determine whether it is worthwhile to read any further |
| Financial plan | The part of a company’s business plan that shows how the business has performed (or is likely to perform) financially; how a business intends to use its money |
| Financial resources | All the sources of money available to a business or project |
| Financing costs | Funding a business activity or project through debt, equity, or venture capital |
| Human resources | People who work to produce goods and services |
| Fixed assets | Items of value a business owns that are not expected to change, e.g., buildings |
| Income statement | A financial summary that shows how much money the business has made or has lost over a period of time; also called the profit-and-loss statement |
| Funding | Money available to a business from one or more sources |
| Letter of intent | A document communicating what a person or business intends to do within (or during) a specific timeframe |
| Liabilities | Responsibilities of the business, especially legal responsibilities |
| Finance | The process of obtaining funds and using them to achieve the goals of the business |
