Episode 32 - Business 101: 15 Business Terms You Absolutely Need to Know

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Each week, we explore topics you need to know to grow your maker hobby into a maker business and brand.

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In this episode,
In this episode of the BUSINESS FOR MAKERS Podcast, we do a little Business 101: 15 Business Terms You Absolutely Need to Know

Even in the businesses I’m associated with today, I find there are principals who do not understand these terms, and their impact on their profits. In reality, many owners did not study business in school, but suddenly found themselves in business, providing their product or skill to others.

So this week, let’s start from the beginning, with 15 business terms you absolutely need to know. You don’t necessarily need to be prepared to calculate each of these, but you at least need to understand what they mean, when you are discussing them with your accountant, banker or other principals.

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