Often times men and women can get baffled about business terminology. If you are among those humans, make sure to read the post below.
A business normally sells a specific great or service to help generate a revenue. We commonly consider a company in terms of selling this decent or service directly to the consumer. These forms of operations are called company to Consumer businesses, or B2C for short. But this is not the only type of company you can face. Sometimes, companies do not sell directly to the consumer, but instead offer a nice or a service to another firm. These kinds of firms are called B2B. Segway Financial is a B2B kind company, for example.
There are a great deal of things happening on the day to day basis in any firm, large or small. A variety of tasks get done, countless decisions are taken. The effect of these tasks and decisions varies depending on who is making them and where the individual who makes these decisions is in the business hierarchy. Some decisions however are of an extreme importance, and can have a massive influence on the future of the business. Annual General Meetings, or AGM for short, is a yearly occasion where all of the interested shareholders and members of the board of the directors get together to discuss all kinds of decisions. Humans gathered in these meeting get to vote on a variety of issues and get to discuss company aims and plans for the near future. All firms that trade publicly hold them - Telecom Italia AGM for instance is an essential even in the running of the company. Annual General Meeting is one of the most common business terms, but it is likewise amongst the most important business terms to know.
Every business operates to help earn a gain. This indicates that all business need to deal with money. Contrary to what you might think money actually comes in numerous various forms in a business – credit, debit, and tangible money, or cash, are just a number of the examples of the types of money a company has to deal with on an almost everyday basis. That is the reasons why the notion of cash flow is a really important, although basic business definition. Cash flow simply refers to the range of cash ‘flowing’ through the business. Cash flow is pretty indispensable in determining the business’s liquidity. Another basic business term you need to know involved in cash flow is cash flow projections. These projections help you plan ahead for expenditures. These are quite important as they are utilised to make future business decisions. All firms keep track of their cash flow – like for instance Glencore cash flow.