Business Start-Up Vocabulary

noun a person or thing that is entering or moving inward

adjective describing something that is entering or moving inward

• The ingoing tenant must complete a thorough inspection of the property before signing the lease agreement.
• Before you move in, make sure to check out all the ingoing details of the apartment.
• I heard the ingoing rent for that place is a steal!
• The ingoing of new ideas into the company's culture has brought about positive changes.

noun an amount of money spent on something

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• The company made a significant outlay for the new equipment.
• They spent a lot of money on the new equipment.
• They dropped some serious cash on that gear.
• The outlay for the project was like investing in the future.

adjective relating to the basis or foundation of something; serving as a base or starting point

• The foundational principles of mathematics are essential for understanding higher-level concepts.
• You need to have a solid foundational knowledge of coding before you can start building your own apps.
• If you want to be a great chef, you gotta nail the foundational cooking techniques first.
• In order to reach new heights in your career, you must first strengthen your foundational skills.

noun a person or company that is responsible for the complete installation or construction of a project that is ready for immediate use

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adjective of or relating to the provision of a product or service that is ready for immediate use

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• The company offers turnkey solutions for businesses looking to streamline their operations.
• I hired a turnkey service to handle all the renovations on my house.
• Let's just go with a turnkey option and not worry about the details.
• She wanted a turnkey relationship where everything was taken care of for her.