NEW
Font size
WorksheetsB.R.A.C 23-01
Total questions: 68
Worksheet time: 34mins
Different than anything else.
Marketing/Selling Strategies
Differentiated Offering
Launch Plan
Revenue
The intended group of customers you want to serve.
Target Market
Expense
Cost of Goods
Marketing/Sales Cost
A one-page financial projection that lists your major revenue sources and expenses.
Differentiated Offering
Marketing/Selling Strategies
Launch Plan
Pro Forma
How you intend to communicate to large numbers of customers, and how you move specific customers to buy from you.
Target Market
Revenue
Marketing/Selling Strategies
Personnel Cost
A detailed To Do List of steps you’ll need to take to go from concept and funding all the way to business launch.
Launch Plan
Differentiated Offering
Marketing/Selling Strategies
Revenue
Software program to track financial information like budgets, expenditures, invoicing and payroll.
Personnel Cost
Accounting System
Target Market
Launch Plan
The amount of money earned from the sale of products/services
Expense
Revenue
Marketing/Selling Strategies
Target Market
The cost required for an item or service.
Personnel Cost
Pro Forma
Differentiated Offering
Expense
The cost that it takes to produce a product or service
Cost of Goods
Marketing/Sales Cost
Target Market
Expense
Money paid by an employer to an employee for work done during a period of time.
Overhead Cost
Credit
Personnel Cost
Seasonality
The amount of money spent to sell product or services.
Business Concept
Business Concept
Competitive Reactions
Marketing/Sales Cost
Cost of running the business that does not lead to the generation of profit.
Overhead Cost
Overhead Cost
Premium
Venture
The value of funds in accounts or tangible machinery/production equipment.
Marketing/Sales Cost
Capital
Prospective Investors
Vision Description
The trust that allows one party to provide money or resources to another party
Hockey Stick Projections
Credit
Assumptions
Competitive Reactions
A risky or daring journey or undertaking.
Deductibles
Seasonality
Venture
Overhead Cost
The annual cost to you of your insurance.
Vision Description
Premium
Personnel Cost
Competitive Reactions
The amount you will pay before the insurance company reimburses you for a loss.
Deductibles
Business Concept
Expansion Markets
Assumptions
A short, simple document that provides a clear summary of a proposed business venture.
Expansion Markets
Business Concept
Vision Description
Capital
Similar to an elevator speech, a concise, compelling description of the proposed venture.
Overhead Cost
Assumptions
Personnel Cost
Vision Description
A person or entity that may be interested in providing capital for your business venture.
Capital
Credit
Prospective Investors
Premium
A revenue growth line sort of looks like a hockey stick - flat at first, and then a straight line up.
Target Market
Deductibles
Launch Plan
Hockey Stick Projections
Product or services that experience regular and predictable changes that recur every calendar year.
Credit
Premium
Assumptions
Seasonality
How your customers and competitors responding to your marketing and selling strategies.
Capital
Competitive Reactions
Marketing/Sales Cost
Materiality
The ability to go beyond your customers into markets that have not been in your typical plan.
Expansion Markets
Assumptions
Business Concept
Venture
An idea that is accepted as true or as certain to happen without proof
Deductibles
Assumptions
Personnel Cost
Launch Plan
Allows you to make varying assumptions that will help you avoid introducing errors in calculation into the pro forma spreadsheet.
Material Impact
Nadir
Sensitivity Analysis
Expenditures
A financial term that means "big enough to care about."
Materiality
Burn cash
Expansion Markets
Credit
Insignificant changes that do not hurt the overall performance of a business.
Nadir
Hockey Stick Projections
Material Impact
Premium
The action of spending funds.
Expenditures
Variable Cost
Material Impact
Sensitivity Analysis
Cash in and out of the business over a period of time.
Burn cash
Cumulative Cash Flow
Assumptions
Personnel Cost
A venture spends much more money than it takes in as it establishes its operations
Seasonality
Burn cash
Marketing/Sales Cost
Overhead Cost
The lowest point of cumulative cash flow
Nadir
Prospective Investors
Capital
Credit
Cost that vary depending on the rise and fall of production.
Proprietary
Free Lance Consultants
Contingency
Variable Cost
Acronym for Information Technology
IT
Attractive Return on Capital
Tenacity
Risk
A worker that works independently by selling work or services by the hour, day or job
Feasible
Defensible competitive advantage
Free Lance Consultants
Tenacious talent
A phrase that means to add up or to make economic sense.
Evocative
Intellectual property
“Pencils out”
Stamina
Bringing about strong emotions or feelings.
Evocative
Attractive Return on Capital
Human Capital
Tenacity
Possible to do easily or conveniently.
Defensible competitive advantage
Feasible
Risk
Market risk
Needs of customers that are currently not being addressed by your company or any company.
Free Lance Consultants
Proprietary
Unmet customer need
Human Capital
An advantage you have and can sustain over your competition.
Variable Cost
Human Capital
Risk
Defensible competitive advantage
The expectation of money earned based on amount of investment.
Attractive Return on Capital
Stamina
Evocative
Evocative
Owner of information, knowledge, patent, copyright, trademark.
Feasible
Cumulative Cash Flow
Materiality
Proprietary
A work or invention that is the result of creativity
Human Capital
Intellectual property
Risk
IT
Investors always evaluate the quality of the human capital in a venture when they assess whether a business concept is doable.
Tenacious talent
Tenacity
Burn cash
Sensitivity Analysis
A team of talented, driven individuals led by a proven-effective business leader.
Contingency
Human Capital
Proprietary
Free Lance Consultants
A future event or circumstance that is possible that cannot be predicted with certainty.
Tenacious talent
Defensible competitive advantage
Contingency
Evocative
The quality or fact of being able to endure and continue with determination.
Risk
Stamina
Unmet customer need (unexpressed)
Tenacity
The ability to sustain prolonged physical or mental effort.
Proprietary
Burn cash
Stamina
Prospective Investors
Prospective Investors A
Risk
Nadir
Seasonality
Expense
Risks associated with the success of a single venture.
Reputational risk
Business risk
Market risk
Financial risk
Risks in a market sector that impact all competitors in that sector
Business risk
Financial risk
Political risk
Market risk
Risks associated with the rep
Reputational risk
Financial risk
Political risk
Regulatory risk
Risks associated with the financial standing / performance of a venture
Regulatory risk
Political risk
Financial risk
Market risk
Risks associated with the geography in which a venture operates
Political risk
Regulatory risk
Market risk
Business risk
Risks associated due to government passing laws or regulations that could impact the ability to operate.
Political risk
Regulatory risk
Reputational risk
Financial risk
Risks associated due to government passing laws or regulations that could impact the ability to operate.
Mitigation strategies
Acquisition
Regulatory risk
Franchisee
An action plan for implementing to identify, prioritize and implement actions to reduce risks.
Start up
Mitigation strategies
Acquisition
Royalties
Funds contributed by owner.
Franchise
Financial equity
Franchisor
Royalties
When an entrepreneur or small business leader work long hours for little or no pay to make a new venture succeed.
Mitigation strategies
Reputational risk
Financial equity
Sweat equity
A value proposition that they believe delivers benefits in excess of the costs required to offer their product or service.
Royalties
Value proposition
Risk
Proprietary
A business created from scratch.
Start up
Mitigation strategies
Market risk
Stamina
An existing business purchased from its owner.
Sweat equity
Acquisition
Franchisee
Financial equity
A proven business concept, an established brand, and all types of management support
Franchise
Franchisee
Franchisor
Royalties
The person purchasing a franchise
Franchisor
Franchisee
Franchise
Financial equity
The person or entity offering the sale of a franchise.
Franchise
Stamina
Franchisor
Franchisee
Money owed to a Franchisor per contract agreement.
Start up
Value proposition
Royalties
Regulatory risk
A new business launched by two existing businesses
Value proposition
Economy of Expression
Acquisition
Joint venture
Maximum efficiency in representing information.
Economy of Expression
Risk
Defensible competitive advantage
Feasible
