finance
budget
the amount of money a business plans on spending during a given period.
target market
The group of customers a company chooses to market its products and services to.
customer/consumer
An individual or business that purchases goods and services from a business
bootstrappng
A business owner thaat uses their own money to fund thier business
demographics
Statistical data refers to particular groups within a population
aqcuisition costs
cost incurred by a business
marketing plan
A written plan that outlines a company's marketing strategies.
CEO
The chief executive officer holds a leadership role within a business. The CEO oversees a business's operations and resources and makes the major decisions for the company.
business plan
contract
An agreement between an employee and a company outlining obligations and terms of employment.
comission
a fee paid to an employee for completing a task
marketing
A form of communication between businesses and customers which relays a message promoting services and/or goods.
CFO
The cheif finacial offier holds a leadership role within a business. The CFO oversees a company's finances.
business opportunity
A situation an entrepreneur analyzes and evaluates to see if starting a sustainable, profitable business is feasible.
balance sheet
A document that compares assets to liabilities plus owner's equity.
customer aqcuisition cost
the total cost of acquiring a new customer
product/market fit
The stage where a business's sales are high and continue to gow because their product or service is something customers wants and continue to purchase.
COO
The cheif operating officer holds a leadership role within a business. The COO is responsible for overseeing the day to day administrative and operational functions of a business.
crowdfunding
The method of sharing a start-up business online to pre-sell products.
burn rate
A calculation used to measure a business's monthly cash flow.
compensation
a monetary amount given to employees in return for their work
collaboration
The action of working with one or more people toward a common goal.
angel investor
An investor who provides funding to a business for a stake in the business in return.
lean canvas
A one-page document discussing key information commonly seen in a business plan.
copyright
A form of protection individuals can implement to protect their intellectual property. Copyright is designated for print, music, film, and various other forms of creative licenses.