Archives Glossary Terms: 155 terms

About the Team

“About the Team” in a startup refers to the section—either in documents, pitch decks, or websites—that introduces the founding team, key personnel, and contributors who drive the company’s success. It highlights leadership expertise, company culture, and how the team’s skills…

Advisory Board

An Advisory Board in a startup refers to a group of experienced professionals, industry experts, or investors who provide strategic guidance, mentorship, and expertise to the startup’s leadership. Unlike a Board of Directors, advisory boards are informal and typically do…

API Integration

API Integration in a Startup refers to the process of connecting different software applications, platforms, or systems using Application Programming Interfaces (APIs). This integration allows seamless data exchange, automation, and improved functionality between services. Key Components of API Integration in…

Approval Policy

An Approval Policy (Attestant Rules) in a startup refers to the internal framework that governs how decisions, financial transactions, contracts, and other critical actions are authorized. This policy ensures accountability, transparency, and adherence to regulatory or corporate governance requirements. Key…

Artificial Intelligence Regulatory Impact

Artificial Intelligence (AI) Regulatory Impact in a startup refers to the legal, ethical, and compliance considerations that influence how AI technology is developed, deployed, and used within the company. As governments and international bodies introduce AI-related regulations, startups must ensure…

Auditor – contact details

Auditor Contact Details refer to the essential information regarding the accounting or auditing firm responsible for reviewing a startup’s financial records. Auditors play a key role in ensuring compliance, financial accuracy, and transparency, which is crucial for investors, regulators, and…

Balance Sheets

A Balance Sheet is a financial statement that provides a snapshot of a startup’s financial position at a given point in time. It shows what the company owns (assets), owes (liabilities), and the remaining value for owners (equity). Key Components…

Board Rules

Board Rules in a startup refer to the formal policies and governance framework that define how the Board of Directors operates, makes decisions, and ensures accountability. These rules are crucial for maintaining transparency, aligning leadership, and safeguarding the company’s long-term…

Budget – from idea to execution during startup

“Budget – From Idea to Execution” in a startup refers to the financial planning process that covers the initial concept phase through to full business implementation. It ensures that resources are allocated efficiently to support product development, marketing, operations, and…

Business Model Canvas

The Business Model CanvasThe Business Model Canvas (BMC) is a strategic tool that visually outlines a startup’s key components, helping entrepreneurs define and refine their business model. It provides a structured framework for understanding how the company creates, delivers, and…