Small Businesses
Business Plans
Small Business Administration
Business Types
Mergers & Acquisitions
100
A vital component of our economy that accounts for approximately 98% of U.S. firms.
What is a small business
100
Demonstration of the product costs, operating expenses, expected sales, and investment amount required to start a business.
What is a financing section?
100
Guarantees of up to $35K for start-up companies
What are microloans?
100
Individually owned business and easy to form.
What is a sole proprietorship?
100
Agreement in which two or more companies combine to form one company.
What is a merger?
200
Business sectors most dominated by small firms
What are home builders
200
Information describing the market's need for a product and how the business will satisfy it.
What is a marketing plan?
200
Low cost shared business facilities for small start-up ventures.
What are business incubators?
200
two or more person who operate a business.
What is a partnership?
200
Agreement in which one firm purchases another.
What is an acquisition?
300
New jobs, new industries and innovation.
What are contributions by small businesses?
300
Briefly answers who, what, where, when and how.
What is an executive summary?
300
Money invested in small businesses by other firms or individuals in exchange for ownership share.
What is venture capital?
300
Legal organization whose assets and liabilities are separate from those of its owners.
What is a corporation?
300
A combination of firms that operate at different levels in the production and marketing process.
What is a vertical merger?
400
Management shortcomings, inadequate financing and government regulation
Why do small businesses fail?
400
A general statement of the concept, purpose, and objectives of a proposed business.
What is an introduction?
400
For profit businesses licensed by the SBA to use their own funds in order to provide loans to small businesses.
What are SBIC's?
400
corporations who do not pay corporate taxes on profits; instead, profits are distributed to shareholders who pay individual income taxes.
What are S Corporations?
400
Combination of two companies for the purpose of diversification, increasing customer bases, cutting costs, or expanding product lines.
What is a horizontal merger?
500
Construction, agricultural services, wholesale trade, services, retail trade
What industries are dominated by small businesses?
500
A written document that provides an orderly statement of a company’s goals, the methods by which it will achieve these goals, and the standards by which it will measure its achievements.
What is a business plan?
500
Principal government agency concerned with helping small U.S. firms
What is the SBA?
500
A company that conducts business in a state other than the one where it has filed incorporation papers.
What is foreign corporation?
500
A partnership between companies for a specific undertaking.
What is joint venture?
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