start a business (BAIM SS08)
Relevant vocab in conjunction with founding a company.
Terms
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- pie chart
- a circular device to visualize topics like market share
- executive summary
- first part of a business plan which should convince pontential lending agencies
- capitalisation
- the sale of capital stock or an estimation of the value of a business
- gain expertise
- to enhance skills and broaden perspectives
- facilities
- Betriebsanlagen, Werkstätten; ... a part of a company's factories
- cash flow
- the figure which includes all cash or cash-equivalent earnings and expenditures
- product / business life cycle
- the turnover development of a product or a business, often visualized as a s-shaped graph, is usually called ...
- bar chart
- a chart usually used to present total figures based on a certain period of time (shaped like stairs)
- line graph
- a graph which is typically used for presenting the development of a company's turnover
- market share
- the specific percentage of total industry sales of a particular product achieved by a single company in a given period of time
- overheads
- The operating expenses of a business, including the costs of rent, utilities, interior decoration, and taxes, exclusive of labor and materials.
- mould
- a template, cast form or shape which is used to make identical objects
- productivity
- The rate at which goods or services are produced especially output per unit of labor
- break even
- when income is equal to expenditure, a company ...
- outlet
- a store, merchant, or agency selling the goods of a particular wholesaler or manufacturer
- fraught with
- to be full of
- to cite
- to mention or bring forward as support, illustration, or proof;
- lending agency
- a company which offers loans for a number of purposes and in different forms including mortgages, start-up loans and overdrafts
- to describe the sate of an industry
- when you describe the development to date of a market or an industry
- branch
- A limited part of a larger or more complex unit or system; a division of a business or other organization.
- rationale
- the fundamental reason or reasons serving to account for something
- premises
- buildings where economic activity takes place
- hallmark
- a mark or characteristic of excellence
- poll
- a sampling or collection of opinions on a subject, taken from either a selected or a random group of persons, as for the purpose of analysis
- absenteeism
- habitual absence from work
- cash flow managment
- a task which includes planning and distributing income and expenditure to avoid cash shortages
- joint venture
- a business partnership formed for a particular purpose
- factories
- A building or group of buildings with facilities for the manufacture of goods.
- trail and error
- experimentation or investigation in which various methods or means are tried and faulty ones eliminated in order to find the correct solution or to achieve the desired result or effect
- failure rate
- the rate of companies which become insolvent/ do not break even
- production
- the creation of value; the act of producing; the total amount produced
- wholesaler
- someone who buys large quantities of goods and resells to merchants rather than to the ultimate customers
- sales, revenues, turnover
- gross daily, weekly, monthly, quarterly or annual income
- sole trader
- a company owned by one person
- lease
- rent a property or machine
- to seek, sought, sought
- to go in search or quest of (to ... the truth); to try to find or discover by searching or questioning (to ... the solution to a problem)
- to procure
- bring about, cause, effect; e.g to ... loans
- to aspire
- to do sth. with strong ambition
- take-over
- when one company buys a controlling interest in another