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.

500 terms, showing 201–210 (page 21 of 50).

F

Food safety for businesses

The legal duties of anyone selling food, and the rating on the door.

Footfall and conversion in retail

How many people came in, and how many bought.

Force majeure

A clause excusing performance when something outside anyone's control prevents it. It only covers what it lists.

Force majeure in practice

Relying on a force majeure clause, and the notice that has to go with it.

Forecasting

Estimating what will happen, and updating it when it does not.

Foreign exchange risk

Exposure to currency movements between agreeing a price and being paid.

Framework agreement

Being pre-approved to supply, then competing for the actual work.

Franchising

Licensing your model to somebody else to run under your brand.

Fraud prevention

Stopping money leaving the business dishonestly, from outside and inside.

Free cash flow

Cash generated after everything needed to keep operating. What is actually available.

Ready when you are

Have a look round the demo, start a free trial with your own service in it, or ask us the awkward question first. Whichever you pick, the people who answer are the people who built it.