The ENTREPRENEURSHIP encyclopedia
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ACCELERATORAccelerator is an organization that accelerates the go-to-market strategy of an established early-stage company. Companies in accelerators typically already have a defined product and business plan, and will use an accelerator’s resources to grow further. Accelerators often provide a small amount of funding in exchange for equity. | |
ANGEL INVESTORAn Angel Investor is an investor focused on helping you grow your early-stage startup. Angel investors are usually retired entrepreneurs or executives with considerable experience. | |
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B2B (BUSINESS TO BUSINESS)B2B refers to a business model where you are selling your goods or services
from your business directly to another business. For example, a company may produce t-shirt and sell these
to other shops to sell. It does not interact with the end user of the t-shirts,
but with the other business that will sell them. | ||
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. | |