Business
Government agency charged with assisting small business.
What is SMALL BUSINESS ADMINISTRATION
Businessperson who accepts both the risks and opportunities involved in creating and operating a new business venture.
What is ENTREPRENEUR.
Group of small investors who invest money in companies with rapid growth potential.
What is VENTURE CAPITAL COMPANY.
Document in which the entrepreneur summarizes her or his business strategy for the proposed new venture and hot that strategy will be implemented.
What is BUSINESS PLAN.
Business owned and usually operated by one person who is responsibility for all of its debts.
What is SOLE PROPRIETORSHIP.
Owner of shares of stock in a corporation.
What is STOCKHOLDER/SHAREHOLDER.
Arrangement in which a buyer (franchisee) purchases the right to sell the good or service of the seller (franchiser).
What is FRANCHISE.
Corporation whose stock is widely held and available for sale to the general public.
What is PUBLICLY HELD CORPORATION
Situation in which taxes may be payable both by a corporation on its profits and by shareholders on dividend incomes
What is DOUBLE TAXATION.
Government-regulated investment company that borrows money from the SBA to invest in or lend to a small business.
What is SMALL-BUSINESS INVESTMENT COMPANY
Strategic alliance in which the collaboration involves joint ownership of the new venture.
What is JOINT VENTURE.
Offer to buy shares made by a prospective buyer directly to a target corporation’s shareholders, who then make individual decisions about whether to sell.
What is TENDER OFFER.
SBA program designed to consolidate information from various disciplines and make it available to small business.
What is SMALL-BUSINESS DEVELOPMENT CENTER.
Flow of all money into or out of a country.
What is BALANCE OF PAYMENT.
Organization through which member nations negotiate trading agreements and resolve disputes about trade policies and practices
What is WORLD TRADE ORGANIZATION.