10 Business English Phrases for Finance Professionals
Piyush: So now that the business is running on autopilot, can we have a look at new business to expand?
Vishaal: Oh absolutely, I have been researching the online teaching business and from what I can see they’re doing quite well and seem to be making good profits.
Piyush: I agree, we must grow our online business quickly.
Vishaal: You know, I was a bit unsure about online business, but how can we keep our costs low as we grow?
Do you use these simple words during your financial meetings?
Piyush: So now that the business is running on autopilot, can we have a look at a new venture to expand?
Vishaal: Oh absolutely, I have been researching the online teaching business and from what I can see they’re doing quite well and seem to be generating a healthy return.
Piyush: I agree, we must now focus on growing our online business more aggressively.
Vishaal: You know, I was a bit unsure about online business, but how else can we decrease our overheads and scale up at the same time?
Piyush: Okay, I see where you’re going with this. A way in which the online business will not erode our profitability.
Vishaal: Yes, in order for our business valuation to be much better.
Piyush: Hmm… how about we look at crowd funding? It’s a common trend now in the current economic market.
Vishaal: That’s a fantastic idea. So far, we have been boot-strapping it, let’s look at getting some proper financial assistance. I am sure there are a lot of people or maybe even other organizations that are looking to make a strategic investment if we offer fair value for their money.
Piyush: Absolutely and the Acid Test Ratio will be if we can turn a big profit immediately so that in the next investor meet, we don’t have to do any Window dressing
Vishaal: True, if we boost our bottom line, we may be able to pay dividends immediately.
Piyush: Agreed. But we’re playing the long game here. All the ratios are improving, however slowly. And it’s a bunch of geniuses running the show over there. I’m pretty confident things are going to work out nicely.
Generate a healthy return: To create a good profit for a business. So, if your business is making a profit, you say “Generating a healthy return”.
Grow it more aggressively: To expand a business or part of a business very quickly. So, if looking at expanding either your business or a section of your business, using this term will make it sound much more classy.
Decrease Overheads: Business costs NOT related to direct labor or materials. Basically, fixed costs like advertising, insurance, legal fees, rent, repairs, taxes, telephone bills, travel expenditures, and utilities.
Scale up: To increase in size or number. Usually I have heard the term “Expanding”, however, Scale up is a more senior manager level vocabulary word to use.
Business Valuation: Carefully calculated value of a business. This term is used when the actual value of the business is calculated and not just a ballpark figure. Using a term like this will show that you are careful and calculated when giving figures.
Crowd funding: The practice of funding a project or venture by raising money from a large number of people who each contribute a relatively small amount, typically via the Internet.
Boot-strapping: A situation in which an entrepreneur or company has very little capital to work with. You see this a lot in startups, where founders use personal finances.
Strategic investment: A strategic investment is a transaction that is closely related to joint ventures. In strategic investments, one company makes an investment in another. These two companies enter into an agreement that are designed to serve shared business goals.
Offer fair value: Fair value is the sale price agreed upon by a willing buyer and seller, assuming both parties enter the transaction freely and knowledgeable.
Acid Test Ratio: This ratio compares the amount of cash + marketable securities + accounts receivable to the amount of current liabilities. Basically, it shows you how much money you have close to hand.
As a bonus, here are 2 more business English phrases that all you finance professionals MUST use
Boost the bottom line: This term means to increase profits, it is a very classy phrase to use and will certainly catch the eye of everyone listening.
Pay dividends: To give a share of the company’s profits to its shareholders. Most of the time, I have heard the term “Distributed to the shareholders”, using this term will make you sound more like a CFO!
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