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Business Plans #1
Organizational Sturctures
Financial Statements
Corporations
Business Plan #2
100
This sections provides a brief history of the company.
What is the Company Description?
100
This type of business structure has at least one general partner & one partner that only has a financial stake in the company.
What is a Limited Partnership?
100
This is the type of statement that looks at the in's and out's of money during a particular time period.
What is a cash flow statement?
100
This type of corporation is a small business entity that is created under state law. Most proprietorships become this to avoid unlimited liability.
What is an S Corp?
100
This part of the plan will explain how you will tell your target market about your product.
What is the marketing plan?
200
This part tells the reader who exactly you are going after as customers.
What is the Market Analysis Section?
200
This type of structure takes away unlimited liability of the general partners.
What is a Limited Liability Partnership (LLP)?
200
A resource with economic value that an individual, corporation or country owns with the expectation that it will provide future benefit.
What is an asset?
200
This type of corporation is a large business that is closed to public investment. Because they are not open to the public, they are not regulated by the SEC.
What is a Private Corporation?
200
This sections tells the reader how the business will operate on a daily basis.
What is the operations plan?
300
This part of the business plan discusses the value proposition, meaning what do you have that your competitors don't.
What is the Product/Service Section?
300
This type of structure occurs when there are 2 or more co-owners of a business.
What is a General Partnership?
300
This is the type of statement that looks at a company from inception until the date of the statement.
What is balance sheet?
300
The most common and sells shares of its ownership, stock, to the general public.
What is a C Corporation?
300
This section will provide the reader with potential bad things that may happen that can negatively impact the business.
What is the risks section?
400
This part of the the plan allows the leader to learn about the people in charge of the company.
What is the Management Team Section?
400
This is the most common form of business ownership in the US, where the business is owned & operated by one person.
What is a Sole Proprietorship?
400
A company's legal debt or obligation that arises during the course of business operations.
What is a liability?
400
This type of corporation does not operate to earn a profit, but instead provide a public service of some type.
What is a Non-Profit Corporation?
400
This part of the plan illustrates to investors how they can get their money out if they choose to invest.
What is the Exit Strategy section?
500
The first section of a business plan, that gives a high level view of the big plan. Often the only part read.
What is the Executive Summary?
500
This form is similar to a sole proprietorship, but without the unlimited liability that a sole proprietorship has.
What is an Limited Liability Company (LLC)?
500
This is the type of statement that looks the revenues & expenses of a company during a particular time period.
What is an income statement?
500
A type of for-profit corporate entity, authorized by 30 U.S. states and the District of Columbia that includes positive impact on society, workers, the community and the environment in addition to profit as its legally defined goals.
What is a B Corporation?
500
This part of a business plan will provides the reader with realistic projections for revenues & expenses.
What is the financial plan section?