CASH COW
an individual hired by a business owner, firm, or organization to perform specific tasks in exchange for compensation
Who is an Employee?
is the act of allocating money or capital into an asset with the expectation that it will generate income or appreciate in value over time, allowing for future growth
What is an Investment?
is a fixed amount of money an employer pays an employee in exchange for their work, typically expressed on an annual basis but paid out at regular intervals like weekly, bi-weekly, or monthly
What is a Salary?
is a life stage when an individual stops working full-time, relying on savings, investments, and/or pensions to cover their living expenses and fund their desired lifestyle
What is a Retirement?
has multiple meanings, most commonly referring to a document for payment (like an invoice)
an individual, company, or organization that hires individual to perform work in exchange for salary, wages or other compensation
Who is an Employer?
Revenue - cost of goods sold = ?
What is Gross Profit?
is the sustained increase in the general price level of goods and services in an economy over time, which leads to a decrease in the purchasing power of money
What is an Inflation?
pools money from many investors to buy a diversified portfolio of stocks, bonds, and other securities, managed by a professional portfolio manager for a fee
What is a Mutual Fund?
is the company or individual that owns a well-established business model and brand, and then licenses its use to other independent entrepreneurs in exchange for fees and royalties
What is a Franchiser or Fanchisor?
a self-employed professional who sells their services to various clients on a project-by-project basis, rather than working as a permanent employee for a single company, AKA independent contractors
Who is a Freelancer?
is any owned item, tangible or intangible, that has economic value and can be converted into cash or used to generate future financial benefits for an individual or business
What is an Asset?
is a mandatory payment to the national government, collected by the Internal Revenue Service (IRS) in the U.S., to fund its programs and operations
What is a Federal Tax?
is a single unit of ownership in a specific company, representing a fraction of its assets and earnings. When you buy an individual stock, you become a shareholder and have a claim on a piece of the company's future performance
What is an Individual Stock?
a self-employed individual or entity who provides services to another business under a contract, rather than being a traditional employee,. A freelancer
Independent Contractor
an individual or business that purchases the right to operate under the brand, name, and business model of an established company
Who is a Franchisee?
is an instance of buying or selling a financial instrument, like a stock, bond, or commodity, with the aim of making a profit from short-term price fluctuations
What is a Trade?
is a financial charge or levy imposed by a U.S. state government on individuals and businesses within its jurisdiction to fund public services and infrastructure. In the U.S., states have the authority to create their own tax systems, which can result in significant variation from one state to another
What is a State Tax?
is an individual or entity (such as a firm or mutual fund) that commits capital (money) with the expectation of generating financial returns or achieving financial objectives, such as building wealth or saving for retirement
Who is an Investor?
The process of improving or applying existing inventions, ideas, or processes to create new value and address market needs.
What is an Innovation?
firm that acts as an intermediary, connecting individual and institutional buyers and sellers of financial products like stocks, bonds, and ETFs to facilitate transactions
What is a Brokerage?
securities are tradable financial assets with monetary value, such as stocks (equity) and bonds (debt), that can be bought and sold on public or private markets
What is a Securities?
is a decrease in the general price level of goods and services, causing the inflation rate to be below 0%. This economic phenomenon is often driven by decreased consumer demand, tighter monetary policy, or increased productivity and supply, but it can lead to a dangerous deflationary spiral with severe negative consequences like increased debt burdens, lower investment, higher unemployment, and economic recession
What is a Deflation?
is an individual or entity that owns one or more shares of stock in a company, making them a partial owner of that company; can profit from their investment through dividends (a distribution of company earnings) or by selling their shares for more than they paid
What is a Shareholder?
Formula: Operating Profit - Taxes & Interest = ?
What is Net Profit?