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BUSINESS MODEL#1

A framework outlining how a company creates, delivers, and captures value, including its revenue and cost structure.

STARTUP#2

A newly established business, often in the early stages of development, aiming to bring an innovative product or service to market.

INNOVATION#3

The process of creating new ideas, products, or methods that improve efficiency or effectiveness in business.

MARKET RESEARCH#4

The process of gathering, analyzing, and interpreting information about a market, including consumer needs and preferences.

FINANCIAL PROJECTIONS#5

Estimates of future financial outcomes, including revenue, expenses, and profitability, used to guide business decisions.

BUSINESS MODEL CANVAS#6

A strategic management tool that visually outlines a business model's key components, such as value propositions and customer segments.

TARGET MARKET#7

A specific group of consumers identified as the intended audience for a product or service.

CUSTOMER PERSONAS#8

Fictional representations of ideal customers, based on market research, that help businesses understand their audience.

COMPETITOR ANALYSIS#9

The process of identifying and evaluating competitors to understand their strengths and weaknesses relative to one's own business.

REVENUE STREAMS#10

The various sources from which a business generates income, such as sales, subscriptions, or advertising.

EXECUTIVE SUMMARY#11

A concise overview of a business plan, summarizing key points to attract potential investors’ interest.

PITCH DECK#12

A presentation used to communicate a business idea to potential investors, typically including slides on market opportunity and financials.

BALANCE SHEET#13

A financial statement that summarizes a company's assets, liabilities, and equity at a specific point in time.

CASH FLOW STATEMENT#14

A financial report that shows how cash moves in and out of a business, highlighting its liquidity.

BUDGETING#15

The process of creating a financial plan that outlines expected revenues and expenses over a specific period.

PROTOTYPING#16

Creating an early model of a product to test concepts, gather feedback, and refine ideas before full-scale production.

VALUE PROPOSITION#17

A statement that explains how a product or service solves a customer's problem or improves their situation.

SWOT ANALYSIS#18

A strategic planning tool used to identify a business's Strengths, Weaknesses, Opportunities, and Threats.

INVESTOR PITCH#19

A presentation made to potential investors to persuade them to fund a business idea or startup.

FEEDBACK LOOP#20

A process where outputs of a system are circled back and used as inputs, helping to improve products or services.

BUSINESS PLAN#21

A formal document outlining a business's goals, strategies, and financial projections, used to attract investors.

MARKET GAP#22

An unmet need or demand in the market that presents an opportunity for new products or services.

AGILE METHODOLOGY#23

An iterative approach to project management and product development that emphasizes flexibility and customer feedback.

PIVOT#24

A fundamental shift in business strategy to test a new approach or product based on market feedback.

SCALABILITY#25

The capacity of a business to grow and manage increased demand without compromising performance or revenue.