Shark Tank India has become one of India’s most popular shows. Except for a few Shark Tank terms, everything about the show is praised by the Indian audience, from its concept to the entertaining judges. In this post, you will see some of the most used words in Shark Tank and What They Mean.
As additional episodes of the business reality TV series Shark Tank India have aired, fan interest has continued to grow. The Indian drama is based on the same-named American series, which aired for 13 seasons between 2009 and 2013. For those unfamiliar with the show’s premise, Shark Tank allows prospective entrepreneurs to pitch their business ideas and models to a panel of judges known as Sharks in order to persuade them to invest in their operation.
Here are the 11 Most Used Words in Shark Tank India and What they mean-
The overall value of a firm when a round of fundraising is completed, depending on the amount raised against the equity shares, is referred to as valuation. If a firm sells ten percent of its stock for 1 lakh, its 100 percent will be marked as 10 lakhs, implying that the company’s overall valuation after this fundraising will be 10 lakhs.
The amount of capital invested or owned by a company’s owner is referred to as equity. The difference between a company’s liabilities and assets on its balance sheet is used to calculate equity. The value that would be restored to a company’s shareholders if all of the assets were liquidated and all of the debts were paid off is referred to as equity.
EBITDA, or earnings before interest, taxes, depreciation, and amortization, is a financial performance indicator that can be used instead of net income in some situations. Simply explained, EBITDA is a profitability measure. Many people use EBITDA to assess the worth of a company since it focuses on the financial consequence of operations.
The value of all goods and services sold by a company in a certain period is referred to as revenue. Your income statement shows how much money you’ve made. Profit is not the same thing as revenue. If the costs of producing revenue surpass the revenue generated from sales, you’ve lost money rather than made it.
Profit, often known as net income, is the difference between profits and expenses for a given period. When money generated from a business activity exceeds the expenses, costs, and taxes involved in maintaining the activity in question, profit is earned. Entire revenue is subtracted from total expenses to arrive at profit.
6. ROI (Return on Investment)
Return on investment (ROI) is a financial statistic that is represented as a percentage and is used to determine the profitability of an investment in relation to its costs. The return on investment (ROI) aims to directly evaluate the amount of profit made on a given investment in relation to its cost.
7. SKU (Stock Keeping Unit)
A Stock Keeping Unit, or SKU, is a unique number provided to a product for inventory management and tracking purposes. To put it another way, a stock keeping unit is a unique identification issued to each product to make record-keeping easier and more efficient.
8. QSR (Quick Service Restaurant)
A quick service restaurant (QSR) is a restaurant that serves food that requires little preparation time and is served quickly. QSR restaurants are noted for having standardized, modular, and efficient processes that enable them to reduce order fulfillment lead times while maintaining the quality that customers expect.
9. Supply Chain
A supply chain is a network that connects a company’s suppliers in order to manufacture and distribute a certain product or service. Producers, vendors, warehouses, transportation companies, distribution centers, and retailers are all part of the supply chain.
A patent is a property right granted to an inventor by a sovereign body. In exchange for a complete disclosure of the innovation, the inventor receives exclusive rights to the patented process, design, or invention for a set length of time.
Turnover refers to a company’s total sales over a given time period. It could be a quarter year, a half-year, the end of the calendar year, or the conclusion of the financial year. ‘Gross revenue’ or ‘income’ are other terms for it. Turnover is a vital indicator of a company’s success.
Shark Tank is a show where aspiring entrepreneurs can pitch their business ideas. Sharks are a group of judges who invest money in a firm in exchange for a part of ownership. It’s more than just about sounding like you know what you’re talking about when it comes to business phrases. This knowledge will assist you in navigating the financial world and launching your firm. Mentioned above, are some of the most used words in Shark Tank India and What they mean. We hope you liked this article. Let us know your thoughts about the Shark Tank show in the comment section below.
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