Apples
Acquisition Costs
Cost incurred by a business.
Oversees a company's finances
CFO (Chief Financial Officer)
The process of coming up with solutions to solve a problem.
Problem-Solving
The amount of financial gain from a business.
Profit
An individual with an interest in a business.
Stakeholder
The number of sales and other income in a business for a given period.
Revenue
One's ability to adapt to change, loss, and disappointment.
Resiliency
oversees the day-to-day administration & operation of a business.
Chief Operating Officer (COO)
An intangible service or skill that is performed
Service
An individual that owns at least one share in a corporation's stock
Stockholder
The method of sharing a start-up business online to pre-sell products
Crowdfunding
First-hand research like surveys, interviews, and statistical data.
Primary Data
Trusting one's self, goals, and progress
Self-Reliance
Fees paid for the use of a brand name or image.
Royalty Fees
Using one's mind to solve a problem in the best way by considering various potential solutions to the problem.
Critical Thinking
A fixed payment amount provided to a full-time employee.
Salary
A calculation used to make projections about a company's future performance
Run Rate
A preliminary product, commonly a product with minimum viability, from which to test and develop
Prototype
A practice used to protect brand names, logos, and business names
Trademark
A practice used by businesses to protect a practice, process, or formula from being shared with other competitors.
Trade Secret
Data that may contain personal bias like company newsletters and academic journals.
Secondary Data
A planning tool used to document a company's strengths, weaknesses, opportunities, and threats.
SWOT Analysis
Fluctuating costs that a business has depending on production
Variable Costs
How a business sells its products and services to the end customer.
Sales Channel
A promise of value that a company makes about their product or service that makes it attractive to customers
Value Proposition