Business Finance Terms, Explained Simply.

Learn more about common financial terms here.
Need more help? Our team is ready.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

What is De-Risking?

De-risking is the deliberate reduction of the factors that make a business vulnerable, to ownership transition, revenue disruption, key person....

What is Corporate-Owned Life Insurance?

Corporate-owned life insurance is a policy held and paid for by a corporation, used to fund buy-sell agreements, protect against....

What is a CEPA (Certified Exit Planning Advisor)?

A CEPA is a professional designation awarded by the Exit Planning Institute to advisors who have completed rigorous training in....

What is a Buy-Sell Agreement?

A buy-sell agreement is a legally binding contract between co-owners that governs what happens to a shareholder’s interest if they....

What is Business Succession Planning?

Business succession planning is the process of identifying who will lead and own a business after the current owner, and....

What is Business Readiness?

Business readiness is the degree to which a company can operate, perform, and sustain its value through an ownership transition,....

What is Attractiveness vs Readiness?

Attractiveness measures how appealing a business is to buyers based on performance and growth potential; readiness measures how prepared it....

What is Working Capital Optimization?

Working capital optimization is the active management of receivables, payables, and inventory to reduce the cash tied up in the....

What is Profitability Improvement?

Profitability improvement is the deliberate process of increasing the percentage of revenue that converts to profit, through pricing discipline, cost....

What is a Virtual Controller?

A virtual controller is a remote finance professional who oversees the accuracy, completeness, and integrity of a business’s accounting operations,....

What is a Virtual CFO?

A virtual CFO is an outsourced senior finance professional who delivers CFO-level services remotely, typically through structured, tiered service packages,....

What is Variance Analysis?

Variance analysis is the comparison of actual financial results against budget, forecast, or prior periods, explaining the differences and identifying....