Biz Articles

What the? Biz terms explained...

Author: Youth 2 Youth

  • Venture capital - The finance the business has.
  • USP (unique selling point) - The original concept that will sell your product/service: For example, internet cafes have a great USP - get a coffee while your surf the web!
  • ABN (Australian Business Number) - A number used when registering for tax.
  • IP (Intellectual Property) - Your valuable ideas and creations, including writing, inventions, business concepts.
  • Customer profile - A description of the characteristics and wants of your customers.
  • Promotion - Informing customers and the public about your biz.

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