Show me the Money!
Provides a future outlook on how much money the company is going to make in the future
What is a financial projection
The percentage of customers or spending a company has for a certain industry or product
What is its market share
10K
This kind of investor could be said to emerge from the heavens
Who are angel investors
How companies organize their own calendar for determining budgeting and operating schedules
This document provides numbers and an accounting of a companies financial health
What is a financial statement
This term describes the process where marketers review and scan conversations on the open Web to identify trends, unmet market needs, and more "ground up" research from potential new customers
What is social listening
GAAP
What are Generally Accepted Accounting Principles
Plant this kind of money to get a new company started
What is seed capital
This kind of company does not sell shares to the public, and does not need to file documents with the U.S. Securities and Exchange Commission (SEC)
The document that identifies how much income a company has earned
What is an income statement
This is a narrow slice of consumers that a company is trying to reach as its products or services will appeal best to this group
What is a target market
M&A
This kind of entrepreneur wants to change the world for the better
What is a social entrepreneur
These are the 3rd party businesses that another company works with to manufacture, distribute, ship and sometimes market and sell its products
What is its supply chain
The profit after certain expenses have been taken out
What arethe dollars remaining after all operating expenses, interest, taxes and preferred stock dividends have been deducted from a company's total revenue.
A company will convene this small group of potential consumers to talk about their needs, wants and problems when using a certain product or service in order to better design a new one that meets those customers needs
What is a focus group
SWOT Analysis
These are the initial expenses a new company needs to plan for and spend as it prepares to launch its new business
This term describes the process of determining how much a company is worth
This is another word for revenue
What is revenue
A company will want to find out about these in order to be future focused in designing new products, features and capabilities to keep up with changing culture, society, technologies etc.
What are trends
NAICS code
Money by investors that is provided to help get a new company up and running; in exchange for some percentage of profit, royalty or other compensation
What is venture capital
DAILY DOUBLE: !!!
This is the new directive passed by the European Union that created stricter privacy regulations for companies that gather data about consumers, online shoppers and others that use its products or services
What is the GDPR, or General Data Protection Regulation which went into effect this Spring