Business

Business Tips & Info

Glossary of Business and Financial Terms

To assist you in your business venture we included glossary of business and financial terms organized in alfabetical order. Just click on the letter to find term of interest.

If you want to be a successful business person or invest in any financial product, you must understand various business and financial terms. Not knowing or fully understand business or financial terms could mean losses. Learn and make smart business and investment decisions.

Keep in mind that business, finance, and commerce are fast-moving environments and business people should try to keep up to date with new developments and changing legislation regularly. However, the broad patterns of business, finance and commerce remain the same as do the most principles and procedures involved in the conduct of trade among economic agents.


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Click on the letter to find term of interest:

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Did You Know?

People often think that the long hours most small-business owners put in at their business is proof of their passion. But most of them don't want to work 60 or more hours a week, they want to spend more time on family, travel, leisure, relaxation and other things that make life more enjoyable.
Slow down and decide what matters to you. Get in the habit of checking and cutting your to-do list, learn how to delegate and rely on the abilities and expertise of others. Any job can be done well without being perfect. Your focus on getting it perfect causes stress that limits your productivity and takes more time.
You need to realize that you own the business and your time, not the other way around. How you spend your time is the clearest expression of what you value in life. Be present in the now and make some time for enjoyable life.

"FIND KEY PEOPLE YOU CAN TRUST TO HANDLE SPECIFIC ASPECTS OF YOUR DAILY BUSINESS OPERATIONS AND FOCUS MORE ON BUSINESS STRATEGY AND GROWING." ~ www.romwell.com

Before Starting Your Own Business

To increase your chances of entrepreneurial success, try to utilize free resources from your local government. Here are some key contacts: Small Business Enterprise Centers, Business Self-Help Offices, Business Consulting Services, Ministry of Economic Development, Ministry of Trade, and other similar help and programs. Keep in mind that nothing worthwhile ever comes easy, and that includes running a successful enterprise.



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Promote Your Business

It doesn't take a fortune to sell your products and services on the Internet. It just takes some knowledge of what your customers want and how to find a way to present your sales solution to them.

For business people either selling products or promoting their services on the Internet, the importance of attractive, fast, usable sites can't be overstressed. Much like a counter person or storefront, the appearance and function of a business' website conveys an image of the company to the customer.

Your website is your image on the Internet. That image can either be good or bad, and bad images don't sell. Adhering to a few common sense web design rules can help with the public's perception of your company and increase your sales. Find out more...