the cheif executive officer holds a leadership role within a business. The ceo oversees a business operations and resources and makes decisions for the company.
What is a CEO?
the total cost of acquiring a new customer
Customer acquistion cost
a person or entity willing to provide funds to a business with the hopes of earning a reuturn on their money
innvestor
a business to business commercial transaction between business
B2B
critical thinking
using ones mind to solve a problem in the best way by considering various potential solutions to the problem
an individual who aspires to start and run a successful business
Entreprenuer
the amount of financial gain from a business
Profit
liability
a business to customer tranaction
B2C
an agreement between an employee and a company outlining obligations and terms of employment
contract
an investor who provides funding to a business for a stake in the busuiness in return
Angel investor
a calculation used to measure a business's monthly cash flow
Burn rate
a method used to get a product from the manufacturer to the end users
distribution channel
activities of stretegies emplyoed by a business to retain existing customers
customer retention
a creative work or invention to which an individual has been given rights
intellectual property
a business structure that allows the company to pass its income losses and credits through its shareholder
C corporation
first hand research like surveys interviews and statistical data
Primary data
thinking about and planning for the future
forwrad thinking mentality
demographics
statistical data that refers to particular groups within populations
standards of professional conduct professionals should uphold
ethical practices
a written planthat outlines a company's marketing strategies
Marketing plan
a type of compensation provided for the amouth of work produced
piece work
a business owner thats uses their money to fund their business
boostrapping
business opportunity
a situation an entreprenuer analyzes and evaluates to see if starting a sustainable pfofitable business is feasible
a business that takes its name and charecterisics from an existing business chain
franchise