Sometimes at work, it may feel like your colleagues are speaking a completely different language. Nowadays, there are so many different acronyms and meanings that follow them. It may be time to brush up on your business language. Read below some of the more popular business acronyms and let us be your translator!

1. COB:

Close of business

2. FTE:

Full-time employee

3. IMO:

 In my opinion

4. OOO

 Out of office

5. AP:

 Accounts payable

6. BS:

Balance sheet

7. CPU: 

Cost per unit

8. IPO: 

Initial public offering

9. ROA: 

Return on assets

10. CPU: 

Central processing unit

11. OS: 

Operating system

12. BR: 

Bounce rate

13. CPC: 

Cost per click

14. CRM: 

Customer relationship management

15. KPI: 

Key performance indicator

16. SEO:

 Search engine optimization

17. CTR: 

Click-through rate

18. ROS:

 Run of site

19. SWOT: 

Strengths, weaknesses, opportunities, threats

These acronyms are some of the most used in the business world. Making these a regular part of your vocabulary will increase your knowledge of your industry and also make it easier to understand others in the business world!

Now that you know a few more helpful acronyms head over to Burkhart Marketing to see if we can connect with you!