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  • Technical Terms Every Entrepreneur Must Know
altBusiness specific technical terms can some time be intimidating to the entrepreneurs and hence it is very important for entrepreneurs to get acquainted with tech-terms. We list few technical terms which a business owner must know about.
 
1. Web Hosting
Web hosting is a form of server hosting service where your website is hosted on the server of Internet service providers. Whether you have a static websites or CMS based websites you need a web hosting services to host your website.
 
2. CMS
CMS stands for content management systems you can use CMS for creating websites and web applications. It includes feature that makes developing a website fast and quick. With CMS tool you can easily manage and edit content through back-end. There are both paid and free CMSs, some of the best open-source CMS include WordPress, Joomla and Drupal.
 
3. E-commerce
Buying or selling of products or services over internet is called E-commerce or electronic commerce. Today e-commerce has become billion phenomena world over.
 
4. Linux Hosting
Linux is an open-source operating system. Linux hosting is when you host your website on a server running Linux operating system.
 
5. Email Marketing
Promotion of products and services through e-mail is known as email marketing. You can create an email campaign during any product launch or during giving any new offer to customers. To make the email more attractive you can images, photos, videos etc.
 
6. SaaS
It is a short form of Software as a Service it is a term commonly used in cloud computing. It is a way of delivering software through internet. SaaS is mostly offered on subscription basis making it more affordable than the licensed software.
 
7. Mobile Application Development
The process of creating apps for mobile platforms like smart phone and Tablets is called Mobile Application Development. Mobile Apps can be developed for different platforms like Andorid, iOS, windows and Blackberry.
 
8. Custom Software Development
Some businesses need custom build software to suit their requirements making of this tailor-made software is called as custom software development.
 
9. ERP
EPR stands for Enterprise Resource Planning it helps company to manage accounting, inventory and human relations all at one place.
 
10. Project Management
Project management software helps you manage your business project in a more organized and efficient way. It gives you estimates of some specific key metrics like number of man-hour taken, amount of project completed resource allocated to the project etc