address /əˈdres/
(n,v) a formal speech that í made in front of an audience
Example: Marco's business plan addresses the needs of small business owners
(n,v) a formal speech that í made in front of an audience
Example: Marco's business plan addresses the needs of small business owners
avoid /əˈvɔɪd/
(v) to prevent something bad from happening
Example: To avoid going out of business, owners should prepare a proper business plan
(v) to prevent something bad from happening
Example: To avoid going out of business, owners should prepare a proper business plan
demonstrate /ˈdemənstreɪt/
(v) to show something clearly by giving proof or evidence
Example: The professor demonstrated through a case study that a business plan can impress a lender
(v) to show something clearly by giving proof or evidence
Example: The professor demonstrated through a case study that a business plan can impress a lender
develop /dɪˈveləp/
(v) to gradually grow or become bigger, more advanced
Example: Lily developed her ideas into a business plan by taking a class at the community college
(v) to gradually grow or become bigger, more advanced
Example: Lily developed her ideas into a business plan by taking a class at the community college
evaluate /ɪˈvæljueɪt/
(v) to form an opinion of amount, value or quality of something
Example: It's important to evaluate your competition when making a business plan
(v) to form an opinion of amount, value or quality of something
Example: It's important to evaluate your competition when making a business plan
gather /ˈɡæðə(r)/
(v) to come together, or bring people together
Example: We gathered information for our plan from many sources
(v) to come together, or bring people together
Example: We gathered information for our plan from many sources
offer /ˈɒfə(r)/
(n,v) to say that you are willing to do something for somebody
Example: Devon accepted our offer to write the business plan
(n,v) to say that you are willing to do something for somebody
Example: Devon accepted our offer to write the business plan
primarily /praɪˈmerəli/
(adv) mainly
Example: The developers are thinking primarily of how to enter the South American market
(adv) mainly
Example: The developers are thinking primarily of how to enter the South American market
risk /rɪsk/
(n) the possibility of something bad happening at some time in the future
Example: The primary risk for most start-up businesses is insufficient capital
(n) the possibility of something bad happening at some time in the future
Example: The primary risk for most start-up businesses is insufficient capital
strategy /ˈstrætədʒi/
(n) a plan that is intended to achieve a particular purpose
Example: A business plan is a strategy for running a business and avoiding problems
(n) a plan that is intended to achieve a particular purpose
Example: A business plan is a strategy for running a business and avoiding problems
strong /strɒŋ/
(adj) having a lot of physical power
Example: The professor made a strong argument for the value of a good business plan
(adj) having a lot of physical power
Example: The professor made a strong argument for the value of a good business plan
substitution /ˌsʌbstɪˈtjuːʃn/
(n) to take the place of somebody / something else
Example: Your substitution of fake names for real ones makes the document seem insincere
(n) to take the place of somebody / something else
Example: Your substitution of fake names for real ones makes the document seem insincere