ESB Certification #1-10

Front

Cost incurred by a business​

Back

Acquisition Costs

Front

An investor who provides funding to a business for a stake in the business in return

Back

Angel Investor

Front

A tangible/physical item a business owns

Back

Asset

Front

A business-to-business commercial transaction between businesses

Back

B2B

Front

A business-to-consumer transaction

Back

B2C

Front

A document that compares assets to liabilities plus owner's equity

Back

Balance Sheet

Front

A business owner that uses their own money to fund their business

Back

Bootstrapping

Front

The level of familiarity one has with a brand

Back

Brand Recognition

Front

The point where a business's revenue matches its expenses over a given period.

Back

Break-Even Point

Front

The amount of money a business plans on spending during a given period.

Back

Budget