Revenue Stream
Any way your business brings in cash, whether from products, services, or ads. Revenue streams diversify your income, so you’re not relying on just one source.
Risk Assessment
The analysis of potential threats to a project or business. Risk assessment is your lookout, identifying what could go wrong so you can avoid a Titanic-level disaster.
Risk Assessment Matrix
A grid ranking risks by likelihood and impact to prioritize response efforts. The risk assessment matrix is the ultimate tool for managing threats efficiently.
Risk Breakdown Structure
A hierarchy listing all possible risks in a project, so nothing’s left to chance. The risk breakdown structure digs deep, identifying every potential issue before it can mess things up.
Risk Management
The ongoing process of identifying, assessing, and addressing risks in a project or organization. Risk management is your pre-emptive strike against disasters, making sure you’re ready for anything.
Risk Mitigation
Steps taken to reduce or eliminate risks before they get in your way. Risk mitigation is like a seatbelt for your project, preventing minor issues from causing major damage.
Risk Register
A living document tracking each identified risk, its status, and response plan. The risk register keeps risks on the radar, so nothing sneaks up on you.
Roadshow
A high-energy pitch tour where companies meet investors to sell their stock or ideas. Roadshows are all about hype-building and networking, putting the spotlight on a company’s brightest sides.
ROAS
Return on Ad Spend. The metric showing how much you earn for every penny spent on ads. ROAS tells you if your ad spend is hitting hard or just burning cash.
Robotic Process Automation
The use of “robots” (software bots, really) to automate repetitive tasks in workflows. RPA handles the mundane so humans can focus on what truly matters, like creative problem-solving.