- Elevator Pitch
An elevator pitch is a short, persuasive description of a business, idea or product. This pitch is so-called as it takes about the same time to deliver as a quick ride in an elevator.
Particularly at a non-executive level, an employee is someone who works for a salary, rather than a consultancy fee, and benefits from employment law rights .
In the investment world, equity is how much shares given by a company are worth. In other words, equity is the monetary value of an investor's stake in a business.
When an owner no longer has an equity interest in their business.
- Exit Strategy
An exit strategy is a plan for founders to realise value in their business.