A NSO is a type of employee stock option wherein you pay ordinary income tax on the difference between the grant price and the price at which you exercise the option. They are called non-qualified because they do not meet the requirements of the IRC to be qualified as ISOs.

The Economic Injury Disaster Loan (EIDL) program offered by the Small Business Administration (SBA) provides crucial financial assistance to small businesses, agricultural cooperatives, and nonprofit organizations impacted by declared disasters.

Key Performance Indicators (KPIs) are essential metrics used to evaluate a company's overall performance in strategic, financial, and operational terms. They quantify success against targets or industry benchmarks, guiding strategic decisions.

Preferred stock represents ownership in a company with higher claims on dividends and asset distribution compared to common stock.

Refers to businesses who have qualified with the SBA as certified veteran-owned small businesses

Venture capital (VC) is a form of private equity and a type of financing for startup companies and small businesses with long-term growth potential.

A commercial loan is a debt-based funding arrangement between a business and a financial institution such as a bank.

The debt-to-equity (D/E) ratio is a crucial financial metric used to assess a company's financial leverage by dividing its total liabilities by shareholder equity. This ratio indicates the extent to which a company funds its operations through debt rather than its own resources.

The Employee Equity Investment Act (EEIA) aims to use the SBA's SBIC program to guarantee loans for investment funds supporting employee ownership.

A non-EO business owner who has become curious about EO, and is willing to continue exploring this option for business succession planning purposes.

An autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise

Intellectual property encompasses a wide range of intangible assets legally owned and protected from unauthorized use or reproduction. IP includes trademarks, patents, copyrights, and trade secrets, and drive competitive advantage during innovation.

A Simple Agreement for Future Equity (SAFE) offer future equity rights without immediate valuation, making them popular for early-stage startup funding. These were introduced by Y-Combinator in 2013 and these convert into equity during funding rounds or acquisitions.

Post Growth Entrepreneurship (PGE) redefines business as an avenue for activism, art, spirituality, and creative expression. It promotes sustainable business practices that prioritize social and environmental impact over traditional growth metrics like scaling and investor returns.

Regulation Crowdfunding enables eligible companies to offer and sell securities through crowdfunding.

Asset-based lending involves providing loans secured by collateral, typically used by businesses to cover short-term cash flow needs. Collateral for these loans can include inventory, accounts receivable, equipment, or other owned property.

CAFE is a novel financial instrument aimed at enhancing community engagement in company success introduced by Fairmint. Developed in collaboration with legal experts, CAFE offers enhanced control for founders, equity access for stakeholders, and liquidity for investors.

The Worker Ownership, Readiness, and Knowledge (WORK) Act, part of the SECURE 2.0 Act of 2022, aims to promote and support worker-owned businesses in the U.S.

A leveraged buyout (LBO) is when one company acquires another using mostly borrowed money, often secured by the assets of both companies.

Wealth inequality is a global phenomenon in which the rich are growing richer, and the poor poorer.

E2C advocates for an alternative approach to the traditional startup exit strategy of acquisition or IPO. E2C proposes that startups mature into community ownership, where stakeholders collectively own and govern the company.

EBSA ensures the security of the retirement, health, and other job-based benefits of America's workers and their families; they develop effective regulations, assisting and educating workers, plan sponsors, fiduciaries, and service providers, and vigorously enforce the law.

A portion of something, such as a transaction to buy a company that occurs in parts (tranches)

An EO transaction in which < 100% of the company stock is sold to employee owners, whether through installation of a trust, or a new worker-owned co-op. This has strategic and taxation considerations.

Blended finance lets investors choose different risk tolerances while all participating in the same project. Often used in real estate transactions, it is also proving to be an effective way to get capital to critical, but hard-to-fund projects.

A family office is a private wealth management advisory firm that serves ultra-high-net-worth individuals (HNWI). Family offices offer a total solution to managing the financial and investment needs of an affluent individual or family.

A C corporation based ESOP

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.

The idea of popular education (often described as "education for critical consciousness") as a teaching methodology came from a Brazilian educator and writer named Paulo Freire, who was writing in the context of literacy education for poor and politically disempowered people in his country

An examination of records or financial accounts to check their accuracy.