In accounting terms, it is the difference between current assets and current liabilities that can be turned into cash. Positive Working Capital means that the company has sufficient liquid assets to cover its short term liabilities (expenses).⁶

The senior executive officer responsible for the overall management of a corporation / company.⁶

A forecast or prediction of the total net profit related to the entire lifetime, (present and future) of a specific customer relationship.⁶

A web analytics term related to the individual that visits an internet website  at least one time during a specified reporting period.⁶

Synergy is the interaction and leveraging of resources provided by different individuals or organizations to obtain a combination greater than the sum of the individual parts.⁶

Sweat equity is the equity or ownership interest created in a startup by it’s founders as a result of their contributions in the form of hard work, labor and toil.⁶

In the tech and startup communities, a sprint is a process in which entire teams pitch in and work together to complete a defined objective in a short period of time.⁶

The process of phasing out a product, service or line of business is known as sunsetting.⁶

Segments of the economy in which business markets share similar operating characteristics, or similar products and services are known as sectors.  The three major classifications of sectors are the primary sector, which includes raw materials such as minerals and mined materials, and natural products such as agriculture and forestry products, the secondary sector which includes manufacturing, processing and construction and the tertiary sector which is comprised of companies which provide services.⁶

The ability of a startup or small business to leverage its’ existing resources to grow and operate at a larger scale without being encumbered by factors such as capital investment, human resources and legacy structures, etc.⁶