Accessory Goods are goods necessary for commercial operations required for business such as: office copiers, automobile wheel balancers, auxiliary power supplies, air compressors, etc.
Accounts Payable are short term debts that appear as the result of everyday operations.
Accounts Receivable are money of the enterprise occurred as the result of everyday operations.
Accrual Based Accounting is an accounting method that demands income and expenses to be written down into the books during contract versus under such circumstances as when the getting of payment or occurrence of expenses.
Assets are all real or intellectual property that belongs to the enterprise with a positive financial value.
Balance Sheet is a statement of assets and liabilities.
Barriers to Entry are conditions that hinder competitors getting assess to the market. Some barriers to entry are copyrights, trademarks, patents, dedicated distribution channels and high initial investment requirements.
Break-Even Point is the point when equal revenues correspond to equal expenses.
Business Services are services that are proposed to various commercial enterprises, such as: equipment maintenance, supplying of part time personnel, engineering, design and management consulting, etc.
Capital is the financial investment that is necessary for initiation and/or operation of an enterprise.
Cash Based Accounting is an accounting method that demands income and expenses to be written down into the books under such circumstances as when the getting of payment or occurrence of expenses.
Cash Flow is the process of putting money into an enterprise and taking it out of an enterprise.
Collateral is assets that are put in pledge for a loan guarantee.
Convenience Goods are goods taken frequently by the consumer; nevertheless the consumer does not have any wish to spend his time for their purchase. Convenience Goods can be candy, cigarettes, drugs, newspapers, magazines and most grocery products.
Corporate Image Advertising is a "corporate image" advertisement those purpose is the promotion of the enterprise at first followed by the promotion of the products or services of the enterprise.
Cost of Goods is the direct costs that contain the production of a good or service with the use of labor and materials.
Cost of Sales is the united cost of goods and the expenses that are included in selling and delivering the product or service.
Current Assets are Assets easily and promptly converted to cash.
Current Liabilities are all debts that happen in the usual everyday business during one calendar year.
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