Business Plan or Business Model
It outlines goals and shows investors how their investments will help achieve them.
What is a business plan?
Covering problems, solutions, and key details of a business plan.
What is a lean canvas?
An investment that lets a buyer start a business
What is a business opportunity?
material is usually well recognized and may boost sales but requires permission to be used
What is a trademark?
Environmental
Political
Competition from similar businesses.
What are the three risks of an entrepreneur?
the manner in which a company makes money – how they do it. It’s the specific ways and means by which the entrepreneur creates a product or service, packages it for the market, and collects sales.
What is a business model?
•researches the demand for products or services - is there enough demand
What is market size?
•involves potential funding and uses of that funding
What is cash flow?
the owner assigns ownership of the patent to another, allowing them to use and sell the invention. Royalty fees are then paid to the original patent owner.
What is a patent?
Companies use this to protect recognizable logos, brand names, and slogans like Nike’s "Just Do It."
What is trademark?
These items are found a in a business plan.. there should be four.
Are the four items related to intellectual property.
What are Copyright, Patent, Trademark, Trade Secret?
Buyers agree to buy and sell the products developed by the seller or owner of the franchise
What is Franchise?
This is when companies use non disclosure agreements.
What is To protect trade secrets, an employee will sign>
What is trade secret?
Is the difference between a quick summary and an oral presentation?
What is a brief verbal synopsis lasting no more than thirty seconds to three minutes. It’s used to interest potential investors, customers, or strategic partners. versus an oral presentation which is •This is a relatively short, colorful, and entertaining slide show with a running narrative meant to interest potential investors in reading the detailed business plan?
Is defined as an operational plan.
What is meant for use within the business only. This plan describes in greater detail than the investor’s business plan how the company will meet its goals?
Is the definition of licensing.
What is Must pay a fee or royalty to use the brand or trademark of another company on your product?
•Review Terms of Service: Always check the specific End-User License Agreement (EULA) or Creative Commons guidelines to understand permitted uses (e.g., commercial vs. personal
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•Assess Fair Use: For unlicensed works, use the U.S. Copyright Office guidelines to gauge Fair Use, weighing the purpose, nature, amount used, and market impact.
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•Obtain Permission: When your usage exceeds a license or Fair Use, directly contact the copyright holder to secure written permission or a NYT Licensing agreement.
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• Attribute Creators
What are the four guidelines for compliance?
In 2026, the artificial intelligence company Anthropic agreed to a historic $1.5 billion settlement with a class-action group of authors who accused the company of using their pirated books to train its chatbot, Claude.
What is copyright example?
Is defined as an investors plan.
What is A detailed business plan is well written and formatted so that anyone who is thinking about investing in your start-up business will know exactly what you are planning?
What is
Information that has economic value because it is not generally known.
Has value to others who cannot legitimately obtain the information
Subject to reasonable efforts to maintain its secrecy.
?
Are the four items related to a business plan.
What are:
•Includes an executive summary,
•a marketing plan,
•an organizational structure,
•and a financial plan.
This specific legal term refers to creative work that is no longer protected by copyright, meaning anyone can use it for free without permission.
What is Public Domain?
What is infringment?