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Cash disbursements
Cash disbursements money paid out by the business owner for goods and services received.
Business Plan
A business plan contains all the information about your business: name, location, number of employees, how the business is organized, management team, the business's purpose, products and/or services and how they will be rendered, target markets, equipment needs, and any other pertinent information.
Cash Flow Projections
A month-by-month future projection of income and expenditures over a period of time, usually a year. The projections for an existing business are based on current cash flow patterns.
Capital equipment
Equipment used as part of your business that is not sold in the normal course of the business.
Breakeven analysis
The point at which the business will neither make a profit nor lose money and where revenues equal expenses.
Annual Budget
For an existing business, this is a realistic budget for the current fiscal year based on past income and expenditures. It includes anticipated changes in income and spending that may occur during the year.
Debenture
Debt instrument evidencing the holder's right to receive interest and principal installments from the named obligor. Applies to all forms of unsecured, long-term debt evidenced by a certificate of debt.
Balance sheet
Statement, which gives a picture of the business position at a given point in time. It shows what a business owns (assets) and what the business owes (liabilities).
Equity
Business owners investment in the company.
Accountant
Accountant one whose work is keeping or examining accounts or business records.
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