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
Gross profit margin is a measure of a company's profitability that indicates how much of its total revenue is left after accounting for the cost of producing and selling its products or services.
Read MoreIt is a set of accounting standards developed by the International Accounting Standards Board (IASB) that provide a framework for the preparation of financial statements.
Read MoreIndirect costs, also known as overhead costs or overhead expenses, are expenses that are not directly related to the production of a good or service.
Read MoreIntangible assets are non-physical assets that have a value to a company but cannot be touched or seen.
Read MoreAn invoice is a document that a seller sends to a buyer to request payment for goods or services that have been provided.
Read MoreA journal entry is a record of a financial transaction in a company's accounting records.
Read MoreA key performance indicator (KPI) is a measurable value that is used to assess the performance of an organization, team, or individual against a set of targets or objectives.
Read MoreLast Twelve Months (LTM) is a term used to refer to the most recent twelve months for which financial data is available.
Read MoreA limited liability company (LLC) is a type of business entity that provides its owners with limited liability protection.
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