- Elevator Pitch
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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.
- Employee
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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 .
- Equity
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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.
- Exit
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When an owner no longer has an equity interest in their business.
- Exit Strategy
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An exit strategy is a plan for founders to realise value in their business.
