Finance
Cost incurred by a business
What are Acquisition Costs?
Holds a leadership role within a business and oversees a business's operations and resources, and makes the major decisions for the company
What is the CEO (Chief Executive Officer)?
A document that compares assets to liabilities plus owner's equity
What is a Balance Sheet?
A signed agreement stating that an entity will not disclose information agreed upon by all parties in an arrangement
What is a Confidentiality Agreement?
Statistical data that refers to particular groups within a population
What are Demographics?
A business owner that uses their own money to fund their business
What is Bootstrapping?
Holds a leadership role within a business and oversees a company's finances
What is the CFO (Chief Financial Officer)?
A document that addresses the concept, customers, and capital for a business
What is a Business Plan?
An agreement between an employee and a company outlining obligations and terms of employment
What is a Contract?
A financial statement that details a business's revenue and expenses for a given period
What is an Income Statement?
A calculation used to measure a business's monthly cash flow
What is Burn Rate?
Holds a leadership role within a business and is responsible for overseeing the day-to-day administrative and operational functions of a business
What is the COO (Chief Operationing Officer)?
A one-page document discussing key information commonly seen in a business plan
What is a Lean Canvas?
A form of protection individuals can implement to protect their intellectual property, designated for print, music, film, and various other forms of creative licenses
What is Copyright?
First-hand research like surveys, interviews, and statistical data
What is Primary Data?
The total cost of acquiring a new customer
What is Customer Acquisition Cost?
The person that developed or created a company or organization
What is the Founder?
A written plan that outlines a company's marketing strategies
What is a Marketing Plan?
A legal method used to protect an invention for a limited time
The number of sales and other income in a business for a given period
What is Revenue?
Fees paid for the use of a brand name or image
What are Royalty Fees?
The individuals that own the business
What is the Owner?
A persuasive speech prepared to entice a potential customer to purchase a service or good
What is a Sales Pitch?
A practice used to protect brand names, logos, and business names
Data that may contain personal bias like company newsletters and academic journals
What is Secondary Data?