The Flow of your Business
Basic Business Structure
Tenant Lease Information
Management Pot luck
100

For New Business Owners, this is one of the biggest reasons why many businesses fail.

What is Cash Flow?

100

All expenses incurred prior to commencing business that you need to make in order to get started. They could include both Variable and Fixed Expense categories, as well as other one-time expenses.


What are the Start-Up Expenses?

100

Tenant shall pay the monthly to landlord or landlord's agent on the first day of each month as set forth herein.

What is the RENT?

100

This allows a tenant to stop the eviction right up until the furniture is moved to the street.


What is a stipulation agreement?

200

Cash that a business brings in from sales or other business activity in the chosen time period

What is Sales Income?

200

Businesses that sell products or services that are the same, or similar, to yours.

What are Direct Competitors?


200

To ensure Tenant's specific performance of each and every agreement covenant, rule, and obligation contained in this Lease, Landlord shall have the right but not the obligation to use the ___  ____ in whole or part, as a setoff against any default, either in payment of rent or other breaches, which results in any loss to Landlord.

What is the Security Deposit?

200

Daily Double

This is the place where a tenant would find instructions on how to clean the racks on their oven.


What is the tenant handbook?

300

The total amount of cash that remains in a business at the end of the chosen time. This automatically becomes the Beginning Cash at the start of the next time period.

What is Ending Cash?

300

Businesses that sell products or services different from yours but capture the same market.

What are Indirect Competitors?


300

The Monthly Rent shall be automatically increased $10, plus 5% of the amount by which the Monthly Rent exceeds $500, as additional rent, if received by Landlord after the 5th of the month for which it is due.

What is the Late Fee?

300

The document you receive when an eviction is final.


What is the Writ of Possession?

400

DAILY DOUBLE

Cash flows into and out of a business during a chosen time period.  If the difference is positive, it is called a Profit.  If the difference is negative, it is called Loss.

What is Monthly Cash Flow?

400

Knowing which customers are most likely to buy your product or service is the key to your success in business. Get to know your customer base well before you start spending money on marketing.

What is Target Market?


400

In 1978, the federal government banned consumer uses of ____ _____ paint, but some states banned it even earlier.

What is lead(Pb) based?

400

Repairs for a property, owner's funds, and the management agreement are paid from this account.


What is Rental Escrow?

500

This concept reflects whether or not you have a very profitable business, if it doesn't come in when you need it, you won't be able to pay your bills and this will negatively impact your business.

What is CASH?

500

Age, Gender, Income, Family Composition/Size, Occupation, Education.

What is Demographics?

500

True/False The state of Illinois doesn't set a limit on the maximum amount a landlord can collect from a tenant as a security deposit, even for subsidized housing.

What is True?

500

The amount of time a property manager has to make a claim on the security deposit for any damages or monies owed.


What is 30 days?

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