Archives Glossary Terms: 155 terms

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 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 captures value. Key…