General definitions
is an important process for any organization, since it allows establishing a clear path towards the achievement of its financial objectives
What is financial planning?
Changes in the environment, such as economic downturns or shifts in consumer preferences, can impact demand for your products or services.
What is market risk?
This defines the different groups of people or organizations your business aims to serve
What is customer segment?
is the level of sales or production at which a company makes neither profit nor loss.
What is break even point?
Director of the 1994 film "Pulp Fiction"?
Negative public perception or damaging events, such as scandals or poor customer service, can harm the brand and reduce customer trust.
What is a reputational risk?
Issues such as insufficient cash flow, poor financial management
What is financial risks?
This describes the ways your business will make money. It includes the different methods of generating income, such as sales, subscriptions, rentals, advertising, etc.
What are the revenue streams?
Breakeven Point (Units) = Fixed Costs / Contribution Margin per Unit.
What is BE point formula?
name of the fictional African country in the Marvel Cinematic Universe, home to Black Panther
What is Wakanda?
is a strategic planning tool designed to help entrepreneurs and businesses develop and visualize their business models in a simple and effective manner.
What is a lean canvas model?
Problems with internal processes, systems, or policies can disrupt business
What is a operational risk?
This outlines the major costs involved in operating your business.
What is cost structure?
is a financial tool used to evaluate the profitability of an investment or project. It represents the difference between the present value of future cash flows generated by the project and the initial cost of the investment.
What is net present value?
name of the Hobbit who carries the One Ring
Who is Frodo Baggins?
These are the external companies or individuals that help your business operate. They can provide resources, perform key activities, or help you reach your customers.
What are the key partners?
Actions by competitors, such as new product launches, price wars, or aggressive marketing campaigns, can affect your market position.
What is a competitive risk?
This refers to the ways through which your product or service reaches your customers
What is a channel?
measures the total value of goods and services produced in a country during a specific period.
What is GDP?
British rock band released the album "The Dark Side of the Moon"
Who is Pink Floyd?
These are the most important actions your business must take to operate successfully. They include tasks like production, marketing, sales, and customer service.
What are the key activities?
Issues like high employee turnover, lack of skilled labor, or conflicts within the workforce can affect productivity and morale.
What is a human resource risk?
This is a clear statement that explains how your product or service solves customers' problems or improves their situation. It’s what makes your offering unique and compelling to your customer segment
What is value proposition?
Measures the percentage of the labor force that is unemployed but actively seeking employment.
What is unemployment rate?
stage name of Stefani Germanotta, known for hits like "Bad Romance" and "Poker Face"
Who is Lady Gaga?