Business Management Glossary

20 Business Management terms

Business management is a world with a lot of complicate word, in business management it's very important to know what your talking about but also to understand what other people are talking about. That's why having a glossary on business management could really help to familiarize with this world.

accounting

The process of recording and processing information about economic entities.

bank loan

Money that the bank gives to an individual or organization with the expectation that it will be paid back.

break even

A point in a business where the profit equals the cost.

break even point

The point where which the income from sale of product or service equals the invested costs.

budget

An estimate of Income and expenditure for a set period.

cash flow

The movement of the money in and out the company.

debt

Money that is due.

employer

A person or business that employs one or more people, especially for wages.

entrepreneur

A person who organizes and operate a business.

finance

The management of revenues; the conductor transaction of money matters.

franchise

The right or license granted to an individual or group to market a company's goods or services in a particular territory.

free cash flow

The amount of cash remaining after a company covers its capital expenditures.

income tax

Money taken by a government directly on income.

investment

Money committed, or property acquired for future income.

leadership

The quality or ability that makes a person a leader, or the position of being a leader.

management

The activity of controlling.

manager

A person responsible for controlling or administering all or a part of a company.

marketing

The activity of promoting and selling products or service.

profit

A financial gain, the amount earned his superior of the amount spend.

stock

The capital raised by a business or corporation through the issue and subscription of shares.