Shows the assets, liabilities, owners / stockholder's equity
What is a balance sheet?
100
1st stage, 2nd stage, 3rd stage
What is technician, manager, entrepreneur?
100
One individual who owns and operates the enterprise.
What is sole proprietorship?
100
Government grants are funded by ____ and therefore require very stringent compliance and reporting measures to ensure the money is well spent.
What is tax dollars?
100
Most small businesses rely on lenders to provide the capital they need to either open a business or to finance capital improvements. Without _____, many small business owners would be unable to realize their dreams of opening a business or expanding their operations.
What loans?
200
This is the balance of a mortgage that extends out beyond the current year.
What is mortgage note payable?
200
Turns the most trivial condition into an exceptional opportunity. The visionary, the dreamer, the energy behind every human activity.
What is entrepreneur?
200
Often referred to as "Lacs."
What is limited liability corporation?
200
Grants from the federal government are only available to___.
What is non-commercial / non-profit and educational institutions?
200
Examples of these include: personal background, credit report, business plan, income tax returns, bank statements....
What are Documentation Needed for Small Business Loan Applications?
300
These are earnings reinvested in the business after the deduction of any distributions to shareholders, such as dividend payments.
What is retained earnings?
300
According to the Small Business Administration more than ____ close their doors in the United States every year.
What is 400,000?
300
Can only issue one class of stock which can hamper the company's ability to raise capital.
What is S corporation?
300
This grant is awarded for small businesses engaged in scientific research and development.
What is Small business innovation research / small business technology transfer?
300
Types of these include : Home and personal property loans, Economic injury loans, and Military reservists economic injury loans.
What are disaster loans?
400
This comprises all debts and monies that are owed to outside creditors, vendors, or banks and the remaining monies that are owed to shareholders, including retained earnings reinvested in the business.
What is total liabilities and owners' equity?
400
Innovation, quantification, and orchestration.
What is business development process?
400
Created to provide business owners with the liability protection that corporations enjoy without the double taxation. Earnings and losses pass through to the owners and are included on their personal tax returns.
What is limited liability corporation?
400
Examples of these include: SF 424A - Budget information - Non construction programs ; Disclosure of Lobbying Activities; Cost Policy Statement.
What are application forms for non-construction grants?
400
This type of disaster loan may replace or repair the following: inventory, real property, fixtures, and leasehold improvements.
What is business physical disaster loan?
500
This includes any earned wages or withholdings that are owed to or for employees but have not yet been paid.
What is accrued payroll and withholding?
500
A clear statement of what your business has to ultimately do for you to achieve your Primary Aim. The vision of the finished product that is and will be your business.
What is Strategic Objective?
500
Can sell stock, either common or preferred, to raise funds.
What is corporation?
500
Generally restricted to very specific audiences, and the use of grant funding is often subject to specific conditions, with strict reporting responsibilities.
What are grants?
500
Helps small business contractors who cannot obtain surety bonds through regular commercial channels.