Glossary Term
Business Literacy
The practical ability to understand how a business earns, protects, measures, and grows value.
Definition
Business literacy is the working knowledge that helps you make better decisions about pricing, operations, revenue, margins, systems, and assets. It is not abstract jargon. It is the layer that lets a skilled person build a stable business around the skill.
Example
Knowing how a retainer affects cash flow, margin, and delivery load is a sign of stronger business literacy.
Why it matters
Business literacy does not require a formal business degree. It requires practical exposure to the economics and structure of real work.