Keywords

    <p class=default>
      
        Venture capitalist:
      
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                                                      A person who invests in
      
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                                                      a new or fresh enterprise
      
    </p>

<p>

      
                                                      Equity: Ownership in a
      
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                                                      business 
      
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<p>

      
                                                      Exit plan:
      
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                                                      An agreement that
      
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                                                      investors can recoup a
      
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                                                      certain portion of their
      
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                                                      capital in case they
      
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                                                      choose to withdraw 
      
    </p>

<p>

      
                                                      Partnership: A
      
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                                                      non-incorporated
      
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                                                      company with shared
      
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                                                      ownership 
      
    </p>

<p>

      
                                                      LLC (Limited
      
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                                                      Liability Corp.):
      
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                                                      Similar to a corporation,
      
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                                                      but with significant tax
      
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                                                      advantages 
      
    </p>

<p>

      
                                                      Cash flow statement:
      
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                                                      The amount of money
      
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                                                      flowing into and out of
      
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                                                      your business accounts,
      
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                                                      with the balance at the
      
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                                                      end of each earnings
      
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                                                      period. 
      
    </p>

<p>

      
                                                                
      
    </p>

<p>

      
                                                      Bios should be brief,
      
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                                                      emphasizing past
      
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                                                      success or experience
      
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                                                      that will make a manager
      
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                                                      a valuable asset to this
      
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                                                      particular venture. 
      
    </p>

<p>

      
                                                      Graphs and charts can
      
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                                                      sum up a complicated
      
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                                                      set of data in an easily
      
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                                                      understandable way.
      
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                                                      For example, you could
      
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                                                      create a pie chart that
      
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                                                      divides expenses into
      
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                                                      categories, or create a
      
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                                                      graph of projected sales
      
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                                                      for the next three to five
      
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                                                      years. 
      
    </p>

<p>

      
                                                      It's important to
      
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                                                      spell-check your work,
      
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                                                      but don't rely completely
      
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                                                      on the computer. It
      
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                                                      won't catch words that
      
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                                                      might be spelled
      
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                                                      correctly, but are
      
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                                                      completely out of place
      
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                                                      or that change the
      
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                                                      meaning of a sentence.
      
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                                                      Read over everything
      
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                                                      completely, and ask
      
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                                                      your business partner(s)
      
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                                                      to do the same. 
      
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    </p>