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Bad terminology is the enemy of good thinking” – Warren Buffet. This beautiful thought puts stress on understanding & digesting the vital business terminologies for an entrepreneur. As an entrepreneur we must have the in-depth clarity on imperative business definitions or jargons; below mentioned are some of the most frequently used and significant terms in simpler form.

There are many more terms and jargons for an entrepreneur to understand; we may discuss them may be in the next blog.