The ENTREPRENEURSHIP encyclopedia
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B2C (BUSINESS TO CUSTOMER)B2C refers to a business model where a business is selling goods and
services directly to the customer. For example, a shop selling products
directly to visiting customers is B2C. | ||
BALANCE SHEETAn accounting term. It is a statement showing a financial summary that
will include the financial values of things like assets, (money and owned
things) and liabilities, (how much it owes). | ||
BANK LOANA Bank Loan is an amount of money loaned at interest by a bank to a borrower, usually on collateral security, for a certain period of time.
Secured Bank Loan - a loan which uses an asset as collateral. A good example is a mortgage loan. For this type of large loan, the Bank secures the house as collateral. If people, defer on their loan, the bank is able to legally possess the home to pay off the outstanding debt. Unsecured Bank Loan - a loan given without any asset for collateral. These tend to be for smaller amounts and typically attract a higher interest rate because of the perceived risk. Inter Bank Loan - commercial banks are short of money and so are forced to borrow money on the money markets. These are typically short term loans and can be interbank or direct to the Central Bank. | |
bell companyi start the bell company and i choose the name of this company tacobell | ||
BENEFICIARIESPeople who benefit from the activities that organisation runs. If
beneficiaries are the ones directly paying for the activities, they could also
be the customers. | |
BONDA bond acts like a loan or an IOU that is issued by a corporation, municipality or the government. The issuer promises to repay the full amount of the loan on a specific date and pay a specified rate of return for the use of the money to the investor at specific time intervals. | |
BRANDName, visual design and identity (logos and colours) of an organisation that helps build a connection with your customers. It helps with customer recognition and helps develop brand loyalty, (people buying a certain brand that they know and trust. | ||
BRIDGE FINANCINGBridge Financing is a short round of funding that can keep a company afloat in between larger rounds. Funds can be raised as either debt or equity funding and usually consist of repayment. | |
BUSINESS INCUBATORProvides
workspace, coaching, and support services to entrepreneurs and early-stage
businesses. | ||