Some Helpful Links:

 

SBA Loans

The New CFO

Ventura County Business Development

Ventura County Economic Development Collaborative

Ventura County Economic Development Association

SCORE Ventura County

Small Business Development Centers

Greater Conejo Valley Chamber of Commerce

 

 

Accounting Glossary:

CAGR: Compound Annual Growth Rate

The year-over-year growth rate of an investment over a specified period of time.

The compound annual growth rate is calculated by taking the nth root of the total percentage growth rate, where n is the number of years in the period being considered.

This can be written as follows:

Compound Annual Growth Rate (CAGR)

Strategic Planning:

Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. In order to determine the direction of the organization, it is necessary to understand its current position and the possible avenues through which it can pursue a particular course of action. Generally, strategic planning deals with at least one of three key questions:

  1. What do we do?
  2. For whom do we do it?
  3. How do we excel?

In many organizations, this is viewed as a process for determining where an organization is going over the next year or—more typically—3 to 5 years (long term), although some extend their vision to 20 years.