This glossary contains some words that entrepreneurs use on a daily basis or business related language.
Accounting
noun
The action or process of keeping financial accounts.
Example: The actual change concerns the accounting system and information system, particularly important to the distribution of power within organisations. "...
fr: Comptabilité
Assets
noun
Property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
Example: Furthermore, this will permit a better management of the firm's assets, possibly even enabling it to benefit from future investment opportunities, as they will have some constancy in their revenue figures, and to make long-run plans.
fr: Actifs
Balance sheet
noun
A statement of the assets, liabilities, and capital of a business or other organization at a particular point in time, detailing the balance of income and expenditure over the preceding period.
Example: However, it is used as more "reliable guide to the liquidity of a business than the current assets held at the balance sheet date".
fr: Bilan
Brand
noun
A type of product manufactured by a particular company under a particular name.
Example: A new brand of detergent.
fr: Marque
Business Plan
noun
A document setting out a business's future objectives and strategies for achieving them.
Example: The company is scheduled to pitch its business plan in June.
fr: Plan d'affaires
Cash flow
noun
The total amount of money being transferred into and out of a business, especially as affecting liquidity.
Example: A consistent and sustainable cash flow stream from product sales is key to any long-term investment, and the best way to attain a stable revenue stream is a 'cash cow' product, leading products that command a large market share in mature markets."
From this it can be determined.
fr: Flux de trésorerie
Commission
noun
A commission is a service charge assessed by a broker or investment advisor for providing investment advice or handling purchases and sales of securities for a client.
Example: It would be a good idea work with distributors on a commission basis to begin with.
fr: Commission
Corporation
noun
A company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
Example: Review of the market In 2000 the total keyboard market was $2.2 billion (Venture Development corporation) and ergonomic keyboards are a growing share of this. 21.7% of keyboards for North America were of the ergonomic type in 1999.
fr: Société
Customer
noun
A person or organization that buys goods or services from a store or business.
Example: She suggested that the customer buys a blue tie.
fr: client
Customer service
noun
The assistance and advice provided by a company to those people who buy or use its products or services.
Example: More capital can be devoted into product development, marketing scheme and customer service.
fr: Service client
Desire
noun
Strongly wish for or want (something).
Example: The Product variable of the marketing mix will be influenced by the consumers' desire for specific goods and services.
fr: Envie
Entrepreneur
noun
A person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
Example: Many entrepreneurs see potential in this market.
fr: Entrepreneur
Marketing
noun
The action or business of promoting and selling products or services, including market research and advertising.
Example: This mindset also promotes a sense of rivalry between departments, similar to the 'typical' conflict between manufacturing and marketing (Shapiro, 1977).
fr: Commercialisation
Need
noun
A thing that is wanted or required.
Example: Spare carding and combing machine shall be obtained if the need to produce more at a lower cost arises.
fr: Un besoin, une nécéssité
Net worth
noun
Net worth is the value of the assets a person or corporation owns, minus the liabilities they owe.
Example: To illustrate further, the turnover of Exxon Mobil accounts for $63 billion of net worth whereas Pakistan accounts for only $62 billion of net worth (Year 2000 Figures).
fr: Valeur nette
Revenue
noun
Income, especially when of a company or organization and of a substantial nature.
Example: The contract provides steady and guaranteed revenue for the firm, which may not be the case for the other scenarios where many other market factors may affect sales. It is important that management implements and employs a clear weekly production schedule, in order to have constant revenue figures and resolve problems with suppliers.
fr: Revenu
Selling approaches
noun
Sales approach is the step by step proposition developed by a sales person or a company to make the process of selling more effective. A properly developed sales approach is what sometimes differentiates an amateur salesman from an experienced salesman.
Example: Sales approaches are necessary to promote and sell products.
fr: Approches de vente
Stock market
noun
A stock exchange.
Example: He plans to invest in the stock market.
fr: La bourse
Website traffic
noun
Website traffic refers to web users who visit a website. Web traffic is measured in visits, sometimes called "sessions," and is a common way to measure an online business effectiveness at attracting an audience.
Example: Website tracking is useful for businesses.
fr: Trafic web
Wholesaler
noun
A person or company that sells goods in large quantities at low prices, typically to retailers.
Example: Vegetables supplied by wholesalers to restaurants.
