Friday, October 7, 2011

Finance Glossary


Angel Investors: Individuals who back emerging entrepreneurial ventures, usually as a bridge to get from the self-funded stage to the level of business that would both need and attract venture capital. Funding level ranges anywhere from $50,000 to $2 million.


Downline: In a Multi-Level Marketing business, the collection of all people signed up underneath an individual on which the individual receives payment on their sales.


Due Diligence: The inquiry process of obtaining sufficient and accurate disclosure of all material documents and other information which may influence the outcome of the transaction.


SCORE: Service Corps of Retired Executives; they provide counseling advice for small businesses.


Barter: Direct exchange of merchandise and/or services between businesses.