Glossary

A comprehensive guide to understanding and communicating key startup concepts. Your Go-To Resource for Startup Terminology: A Glossary of Key Metrics, Definitions, and Formulas

Outsourced Controller

An outsourced controller is a professional who provides financial management and accounting services to a business on a contract basis.

Payback Period

The payback period is a measure of the time it will take for an investment to recover its initial cost.

Payroll

Payroll refers to the process of paying employees for the work that they have performed.

Payroll records

Payroll records are documents that a company maintains to track the payroll information of its employees.

Payslip

A payslip is a document that is provided to an employee along with their pay.

Personal services income

Personal services income (PSI) is income that is derived from personal services that an individual provides.

Pitch Deck

A pitch deck is a presentation that is used to communicate the key aspects of a business or project to potential investors.

Post-Money Valuation

Post-money valuation is a term used in venture capital and startup financing to refer to the valuation of a company after an investment is made.

Pre-Money Valuation

Pre-money valuation is a term used in venture capital and startup financing to refer to the valuation of a company before an investment is made.

Pro Rata

Pro rata is a Latin term that means "in proportion."

Product Velocity

Product velocity is a term used in the context of product development and management.

Profit

Profit is the excess of revenue over expenses.