A social enterprise is defined as a business with specific social objectives that serve its primary purpose. Social enterprises seek to maximize profits while maximizing benefits to society and the environment, and the profits are principally used to fund social programs.

A company’s value as recorded by its financial documents

An investor who raises capital on a deal by deal basis.

Net profit margin, or net margin, expresses a company's net income as a percentage of its revenue. This metric provides insight into how efficiently sales translate into actual profit after accounting for all expenses, including COGS, operational costs, interest, and taxes.

The fixed asset turnover ratio measures how effectively a company uses its fixed assets, like property and equipment, to generate sales. It's calculated by dividing net sales by the average balance of fixed assets.

Rollover Equity refers to the exit proceeds reinvested by a seller into the equity of the newly formed entity post-acquisition. An equity rollover is therefore designed to align the economic incentives among participants in the post-transaction entity.

An SBIC is a privately-owned investment company that is licensed by the Small Business Administration (SBA). Small business investment companies supply small companies with both equity and debt financing. They provide a viable alternative to venture capital firms for many small enterprises seeking startup capital.

A credit facility in business finance enables companies to borrow funds over an extended period without reapplying for loans each time they need money. It functions as an umbrella loan, providing flexibility in capital generation.

The factors that drive how salable the business will be after its near term succession, i.e., a follow up sale, such as post employee ownership conversion.

The ability of a business to anticipate, prepare for, adapt to, and recover from disruptive events or conditions, in order to maintain or restore an acceptable level of functioning and performance.

Capital Accounts are distinct accounts that track the ownership value held by individual employees.

A cash flow statement provides a detailed overview of how cash moves in and out of a company, crucial for assessing its financial health and operational efficiency. The CFS focuses on cash flow from operating, investing, and financing activities.

A convertible note is a temporary debt tool enabling investors to convert their loan into company equity. It postpones the valuation of the company until later rounds, like Series A, when more information is accessible.

A C corporation (C corp) is a legal structure where the corporation and its owners (shareholders) are taxed separately, leading to double taxation on profits at both corporate and personal levels.

Money lent for impact investment purpose at below market interest rates but with an expectation of getting the money back

Typically refers to companies with an enterprise value between $250 million and $1 billion

Making a plan in advance, naming the people or organizations you want to receive the things you own after you die, and taking steps now to make carrying out your plan as easy as possible later

Seller notes are loans from the selling owner to be paid back by the business over time, and which offer some tax advantages, and may pay higher interest than a traditional loan.

QV allows participants to allocate credits among choices according to their preferences, with votes calculated quadratically. This means that more passionate preferences are weighted higher, which can protect minority interests and balance power dynamics within communities.

Reg D crowdfunding, under Regulation D of the SEC, allows companies to raise funds from accredited investors through private placements without registering with the SEC. Favored for its flexibility and lack of ceiling on funds raised, making it popular for private placements

CMF awards competitive grants to CDFIs for affordable housing and economic development projects.

Pertaining to unique EO considerations for businesses in Iowa such as tax or other incentives

A determination letter, issued by the IRS, confirms whether an employer's employee benefit plan meets the legal standards for special tax treatment. This document is crucial for retirement plans and other benefit programs, ensuring compliance with laws like ERISA.

The balance sheet is a crucial financial statement that provides a snapshot of a company's assets, liabilities, and shareholder equity at a specific point in time. It serves as a fundamental tool for investors and analysts to assess a company's financial health

ESG refers to the environmental, social, and governance factors that investors measure when analyzing a company's sustainability efforts from a holistic view

Stock appreciation rights (SARs) give the right holder a bonus based on the company's stock price increase. Essentially, it's a way to benefit from a rising stock price without directly buying the stock.

also known as a union, labor organization, or trade union, is a group of employees in a certain trade, industry, or corporation that organize to improve their salary, benefits, and working conditions.

A business legacy means creating something enduring that can be passed on. This might be a physical business or work toward affecting change through a cause; it is not simply the “thing,” such as a startup or a product, but also its ability to endure through generations.

and repair (including painting and decorating) work under federal or District of Columbia contracts in

An income statement, also known as a profit and loss statement, is a crucial financial document that summarizes a company's financial performance over a specific period. It is part of the trio of essential financial statements, alongside the balance sheet and cash flow statement.