Small Business Encyclopedia

Category: Business Plans

Financial Projections

Definition: Estimates of the future financial performance of a business

Financial Statement

Definition: A written report of the financial condition of a firm. Financial statements include the balance sheet, income statement, statement of changes in net worth and statement of cash flow.

Business Plan

Definition: A written document describing the nature of the business, the sales and marketing strategy, and the financial background, and containing a projected profit and loss statement

Executive Summary

Definition: A nontechnical summary statement at the beginning of a business plan that's designed to encapsulate your reason for writing the plan

Free Business Tools

Forms

Forms

Download and customize these free forms:

Partnership Agreement

Cashflow Worksheet

Employment Application

Calculators

Calculators

Evaluate and analyze your financials:

Cash Flow

Starting Costs

Discounted Cash Flow

Latest Articles

A Semi-Scientific Ranking of Semi-Autonomous Features
Self-Driving Cars

A Semi-Scientific Ranking of Semi-Autonomous Features

Manufacturers are racing to arm their vehicles with enough cameras, radars, sensors, and tech to properly outthink man.
The New Rules for Business Rides in an Uber, a Driverless Car and More
Make More Happen

The New Rules for Business Rides in an Uber, a Driverless Car and More

There's a proper time to sing, to sleep and to make small talk.
The Flying Car Might Be Your Next Company Car
Make More Happen

The Flying Car Might Be Your Next Company Car

The future is finally here.
What Self-Driving Trucks Could Mean For Your Next Delivery
Make More Happen

What Self-Driving Trucks Could Mean For Your Next Delivery

Can a line of trucks rumble down the highway by themselves? That's the plan.
What's the Right Car for Hauling 2,000 Burritos?
Innovators

What's the Right Car for Hauling 2,000 Burritos?

Three food startups explain how they chose their fleet.
Your Next Company Car Might Be an Uber
Innovators

Your Next Company Car Might Be an Uber

The latest way ridesharing is shaping business.
Content Marketing Takes Time, But Can Add Huge Value
Make More Happen

Content Marketing Takes Time, But Can Add Huge Value

Done right, content marketing will pull in customers for a lifetime.
Jim Joseph
From Steven Tyler to Steve Wozniak: The Woman Rocking 'The Silicon Valley of The North'
Make More Happen

From Steven Tyler to Steve Wozniak: The Woman Rocking 'The Silicon Valley of The North'

FUZEnation co-founder Rebecca (Lambrecht) Warfield says that inventors are the new rock stars, and is throwing them a four-day party to prove it.
Jeff Beacher
The Virtuous Cycle of Work, Achievement and Reward
Success Strategies

The Virtuous Cycle of Work, Achievement and Reward

Our culture is obsessed with quick and easy ways to achieve fame and fortune. There is no such thing.
Steve Tobak
How to Find Your Best Employees and Keep Them Around
Human Resources

How to Find Your Best Employees and Keep Them Around

Don't trust your intuition when it comes to rating employees.
Alexander Maasik
5 Ways to Increase Your Ecommerce Business Sales
Ecommerce

5 Ways to Increase Your Ecommerce Business Sales

Cross-selling. Eliminating abandoned carts. Spending on social media: Don't be satisfied with what you've got when you could have so much more.
Thomas Smale
Your Sales Training Won't Stick Until You Modify Your Behavior
Sales

Your Sales Training Won't Stick Until You Modify Your Behavior

To ensure your sales training is successful, create a controlled and facilitated environment.
Frank Visgatis
Want to Become a Digital Marketing Expert? Here is How to Get Started.
Marketing Bootcamp

Want to Become a Digital Marketing Expert? Here is How to Get Started.

Digital marketing is a moving target that is constantly evolving, making it more and more difficult for new comers to learn the art.
Sujan Patel
5 Reasons Why an Open Internet Makes a Better World
Entrepreneurs

5 Reasons Why an Open Internet Makes a Better World

Reddit's Alexis Ohanian touts the internet for having democratized information and having 'flattened' the world.
Deep Patel
Making the Sale Requires Making Nice-to-Have Into Got-to-Have
Sales

Making the Sale Requires Making Nice-to-Have Into Got-to-Have

If the customer tells you it costs too much but won't ask for a better price, you haven't persuaded them they need what you're selling.
Frank Visgatis
More Articles

About Encyclopedia

No matter what business topic you're interested in, you'll find our category list is an easy way to navigate our small-business encyclopedia. From Accounting and Advertising to Location and Operations, every topic offers information on the terms that matter most. And if you can't find what you need here, our "Terms A - Z" list makes tracking down terms a snap.