Contingency and reserves
Money held back for the thing you did not plan for.
Business A to Z
Every trade has words it uses without explaining. In business the cost of not knowing one is real: some of them are ordinary jargon and some of them are a decision that can take a house.
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.
Studying business? We write GCSE revision songs, and there is one for business studies. Listen to the revision playlist.
71 terms filed under C, showing 41–50 (page 5 of 8).
C
Continuous improvement
Lots of small changes rather than one big project. Lean, kaizen and the rest.
Contract dispute resolution
The ways a commercial disagreement gets resolved, in ascending order of cost.
Contract of employment
Also called Employment contract, Written statement of particulars, Section 1 statement
The terms someone works under. A written statement is legally required from day one.
Contract review checklist
What to look for before signing anything commercial.
Contractor versus employee cost
What an employee actually costs beyond salary, and how to compare it with a contractor.
Contribution
Selling price minus variable cost. What each sale contributes towards fixed costs.
Conversion rate
The proportion of people who take the next step. Always specify which step, or the number means nothing.
Convertible loan note
Also called CLN, Convertible note, ASA, Advance subscription agreement
Money now, shares later, at a price decided by a future round. Fast to document and easy to misunderstand.
Copyright in business
Automatic protection for original works. You probably do not own the ones you paid for.
Ready when you are
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Tell us who you support and what is going wrong at the moment. We will say honestly whether we solve it, and if we do not, who does.