Glossary

Bulgarian Enterprise Accelerator Market (BEAM)

A special market for the growth of small and medium-sized enterprises on the Bulgarian Stock Exchange (BSE). Its main objective is to provide an opportunity to raise capital under more relaxed conditions compared to the regulated market.

Business - glossary for children

An activity where goods are made or services are offered in order to earn money. The organisation that does this is also called a business.

Business Model

A framework that shows how a business operates by generating revenue and creating value for its customers; in other words, what products or services it creates, to whom it sells them, how it delivers them, and what it receives in return.

Business Plan

A written document that describes a business’s goals and the strategies for achieving them. It includes a description of the product or service, market and target customer analysis, sales and marketing strategy, organizational structure, resources and team, financial forecasts, and funding needs. It is an important tool for both startups and established businesses, used to attract financing as well as to manage and grow the business.