The amount of gross sales from goods Revenue
and services.
The amount of money a business owes to Accounts Payable
vendors.
The amount of money customers owe to Accounts Receivable
a business for goods and services sold.
Businesses that sell to other businesses who are the intended end user of th
B2B
product.
A barber wants to increase his salary $25
from $3,000 a month to $4,000 a month,
making his total monthly expenses
$5,000. What is the minimum price he
must charge for each of the 200 haircuts
so he can cover this increased salary
Pair several products together and selling them for less money than each w
Bundle Pricing
be individually
Business Plan A multi-page document describing and detailing a business.
The highest-ranking employee in the company; reports to the board of
CEO
directors.
, CFO Creates budgets, analyzes financial data, and forecasts company profits.
Characteristics of a successful 1. Can tolerate risk
entrepreneur mindset 2. Resilient
Characteristics of fulfillment centers Fulfilment centers pack and ship for a manufacturer, Warehousing is a prima
different from direct distribution role
Commission An employee who is paid a percentage of a sale
1. 10-100 Pages
Components of a Business Plan 2. Highly Text-Based
3. Used to Get Investor Buy-In
1. 10-20 slides
Components of a Pitch Deck 2. Highly Visual
3. Used to Get Investors Attention
Oversees the day-to-day administrative functions of a business; second in
COO
command.
The costs a business has to maintain Expenses
operations and sell goods and services.
CTO Manages the technological requirements of a company.
Define entrepreneurship The act of setting up a business with the aim to make a profit.
and services.
The amount of money a business owes to Accounts Payable
vendors.
The amount of money customers owe to Accounts Receivable
a business for goods and services sold.
Businesses that sell to other businesses who are the intended end user of th
B2B
product.
A barber wants to increase his salary $25
from $3,000 a month to $4,000 a month,
making his total monthly expenses
$5,000. What is the minimum price he
must charge for each of the 200 haircuts
so he can cover this increased salary
Pair several products together and selling them for less money than each w
Bundle Pricing
be individually
Business Plan A multi-page document describing and detailing a business.
The highest-ranking employee in the company; reports to the board of
CEO
directors.
, CFO Creates budgets, analyzes financial data, and forecasts company profits.
Characteristics of a successful 1. Can tolerate risk
entrepreneur mindset 2. Resilient
Characteristics of fulfillment centers Fulfilment centers pack and ship for a manufacturer, Warehousing is a prima
different from direct distribution role
Commission An employee who is paid a percentage of a sale
1. 10-100 Pages
Components of a Business Plan 2. Highly Text-Based
3. Used to Get Investor Buy-In
1. 10-20 slides
Components of a Pitch Deck 2. Highly Visual
3. Used to Get Investors Attention
Oversees the day-to-day administrative functions of a business; second in
COO
command.
The costs a business has to maintain Expenses
operations and sell goods and services.
CTO Manages the technological requirements of a company.
Define entrepreneurship The act of setting up a business with the aim to make a profit.
