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Last updated 7:17 PM on 4/26/26
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15 Terms

1
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Marketing plan

Where do you outline an effective overall marketing strategy, including pricing, promotion, advertising, distribution, media usage, PR, and digital presence?

2
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Business plan

A formal document used for long-range planning of a company's operation, including background info, financial information, and a business summary.

3
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Business description

The section that describes the industry, your product, the business and success factors, current outlook, and future trends.

4
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Total Addressable Market

TAM stands for?

5
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Financial plan

Seeks to forecast revenue and expenses; project a financial narrative; estimate project costs, valuations, and cash flow projections

6
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Serviceable Obtainable Market

SOM stands for?

7
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Organizational roadmap

business plan can be an __________ — an internal planning tool and working plan to reach desired goals over several years.

8
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Executive summary

Provides an overview of your business with key points and issues. Most helpful to write last, even though it comes first in the document.

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Serviceable Available Market

SAM stands for?

10
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Operations and Management Plan

The section where you outline how you'll manage the company, describe its organizational structure, form of ownership, and org chart.

11
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Industry Analysis and Market Strategies

Here you define your market in terms of size, structure, growth prospects, trends, and sales potential.

12
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Competitive matrix

Shows clearly how and why the startup has a clear (if not currently measurable) competitive advantage.

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Investment tool

A major external purpose for the business plan — acts as an __________ by outlining financial projections to attract investors.

14
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Competitive analysis

A statement of the business strategy as it relates to the competition.

15
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Brief business plan

Similar to an extended executive summary — a concise document giving a broad overview of your concept, team, execution plan, and why you're the ones to do it.