Planning Guidelines > Glossary

products required by commercial operations to conduct business, such as: office copiers, automobile wheel balancers, auxiliary power supplies, air compressors, etc.

short term debts incurred as the result of day-to-day operations.

monies due your enterprise as the result of day-to-day operations.

all real or intellectual property owned by the enterprise that has a positive financial value.

a statement of assets and liabilities.

conditions that create difficulty for competitors to enter the market. For example, copyrights, trademarks, patents, dedicated distribution channels and high initial investment requirements.

the point at which revenues are equal to expenses.

services offered to commercial enterprises, such as: equipment maintenance, supplying of part time personnel, engineering, design and management consulting, etc.

the financial investment required to initiate and/or operate an enterprise.