Small Business Terms - Financial Education Is Your Best Investment, Financial IQ Series

The Smart Owner Guide for Startup & Success, Accounting, Finance, Taxes and LLC Management

By: Thomas Herold

Narrated by: William Bahl

Essential Small Business Terms You Should Know

Running a business involves a constant learning curve. And that applies whether you’re a rookie entrepreneur just starting out with a great idea for a new business or a more established small business owner with a quickly growing business that needs to expand.

When it comes to running a business, knowing your numbers is one of the most important things you need to know. Without a good grasp of financial terms, you could be operating a glorified hobby and not a real business. Also, financing your business is probably a top concern of yours. Having the right funding is crucial for getting your business off the ground and in flight.

This practical glossary compiles a list of 135 most common terms you’re likely to encounter, in alphabetical order. Every small business term is explained in detail, with clear and concise article style description and practical examples.

Don’t Be Overwhelmed by Financial Terminology

Before you let yourself get intimidated by all the business finance terms and lingo, just remember that knowledge is power. Armed with a basic understanding of how small business financing works, you will be prepared to face the financial challenges that go along with being a small business owner.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2019 Thomas Herold (P)2019 Thomas Herold

Feel comfortable

Amazing instructor. Highly professional. The Financial IQ Series, Book 13 course helped me set up my accounting needs for my small business. I didn't need any additional learning.

To take away 100%

For many companies, the standard small business size classification by employees is 500 employees or less. But, your industry could make a difference in your size qualifications. Typically, you must have between or below $750,000 and $35.5 million in sales and between or below 100 and 1,500 employees.

I will have to work on.

This is an excellent course. The narrators voice is pleasant to listen too. The coaching through all the tabs and tricks you may pick up are very useful. I really enjoyed the course.

One of my favorites

Great course! Very well put together. Gained more insight into the program and learned it has more to offer than I thought. Thanks!

Relieve stress and Feel positive.

Small business is defined as a privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.