6 Terms to Understand Before Starting a Business | Know these terms to make smart choices when starting your business.
6 Terms to Understand Before Starting a Business | ROI (Return on Investment): Profitability relative to investment cost.
6 Terms to Understand Before Starting a Business | ROAS (Return on Advertising Spend): Revenue generated per unit spent on ads.
6 Terms to Understand Before Starting a Business | Working Capital: Current assets minus current liabilities.
6 Terms to Understand Before Starting a Business | Profit Margin: Percentage of revenue that is profit.
6 Terms to Understand Before Starting a Business | COGS (Cost of Goods Sold): Direct costs of producing goods sold.
6 Terms to Understand Before Starting a Business | EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): Earnings from core operations before deductions.