Shark Tank Vocab

a company’s strategy for making a profit

• business model

• valuation

• proof of concept

• business license

 how much an organization spends to acquire a new customer

• customer acquisition cost

• distribution cost

• cost to acquire market share

• valuation of customers

value of the company that the person owns

• profit

• revenue

• valuation

• equity

getting product to the customer (wholesalers, retailers, direct to consumer)

• trucking

• distribution

• product travel procedure

• proprietary control

exclusive right granted for an invention

• copy law

• patent

• legal ownership

• business rights

how much the company says they are worth

• evaluation

• valuation

• equity

• revenue

a product or manufacturing process that is protected by patent, copyright, or trademark

• patent pending

• licensing

• proprietary

• proof of concept

selling the rights to another company to create and sell your patented product

• licensing

• patent

• copyright

• proprietary

evidence that the product or business model is feasible or will work

• proprietary proof

• proof of concept

• patent pending

• liquidity

a percent of the sales paid to the investor

• patent

• margin

• royalty

• scale