Entrepreneur, A person who starts and runs their own business. business, Lender, An individual or organization (like a bank) that gives money to a business with the expectation it will be paid back, usually with interest., Competitors, Other businesses that sell similar products or services and compete for the same customers., Personnel, The people who work for a business, including employees and managers., Supplier, A person or company that provides the materials, products, or services a business needs to operate., Premises, The physical location or building where a business operates, such as an office, shop, or factory., Revenue, The total income a business earns from selling its goods or services., Cash flow, The movement of money in and out of a business over a period of time, Break-even, The point where total revenue equals total costs, so the business makes no profit or loss., Financial forecast, An estimate of a business’s future financial performance, including expected revenue, costs, and profits..

planning 2

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