Startup
A document that addresses the concept, customers, and capital for a business.
What is a business plan?
The amount of money a business plans on spending during a given period.
What is a budget?
A written plan that outlines a company's marketing strategies.
What is a marketing plan?
Someone who owns stock in the company.
What is a stockholder?
A tangible item being sold.
What is a product?
the statistical data that refers to particular groups within a population.
What are Demographics?
The expenses incurred for running day-to-day tasks in a business.
What are operating costs?
A form of communication between businesses and customers which relays a message promoting services and/or goods.
What is marketing?
Someone who has a vested interest in the success of the company.
What is a stakeholder?
An intangible service or skill that is being performed/provided.
What is a service is?
The method of sharing a start-up business online to pre-sell productions.
What is Crowdfunding?
Costs a business has that remain the same no matter the volume of production.
What are Fixed costs?
The level of familiarity one has with a brand.
What is brand recognition?
Someone who creates the company.
What is a founder?
A preliminary product, commonly a product with minimum viability, from which to test and develop.
What is a prototype?
A one-page document discussing key information commonly seen in a business plan.
What is a lean canvas?
A financial statement that details a business's revenue and expenses for a given period.
What is an income statement?
The group of customers a company chooses to market its product and services.
What is a target market?
Someone who oversees company finances.
What is a CFO?
The goods a business owns with the purpose of selling.
What is Inventory?
A presentation given to potential investors to provide a brief overview of the business plan to earn another meeting.
What is a pitch deck?
The point where a business's revenue matches its expenses over a given period.
What is a Break-Even Point?
A promise of value that a company makes about their product or service that makers it attractive to customers.
What is value proposition?
Someone who oversees daily operational and administrative functions.
What is a COO?
How a business sells its products and services to the end customer.
What is a sales channel?