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supplies sold to clients
what is retail
a strategy for how goods and services are bought, sold, and exchanged
what is marketing
BONUS!!!!!!
what is a freebie!!!
your staff or employess
what is personnel
documents that govern the opening of a business including leases, vendor contracts, employee contracts and more. for legal purposes
what is written agreements
this term refers to someone who is trained to do everything from recording sales and payroll to generating a profit loss statement.
what is a full charge bookkeeper
the rules and regulations adopted by a business to ensure that all clients and associates are being treated fairly and consistently
what is business policies
a form of business organization in which a firm that is already successful enters into an continuing contractual relationship with other businesses operating under the trade name
what is a franchise
guarantees protection against financial losses from malpractice, property, liability, fire burglary and theft and business interruption
what is insurance
a written description of your business as you see it today and as you forsee it in the next 5 years
what is business plan
a set of benchmarks that, once achieved, help you realize your mission and your vision
what is goals
projected financial statements, actual(historical) statements and financial statement analysis
what is financial documents
money needed to invest in a business
what is capital
an outline of employee and management levels and a description of how the business will run administratively
what is organizational plan
the owners resume, personal financial info, legal contracts and leases etc
what is supporting documents
a long term picture of what t5he business is to become and what it will look like when it gets there
what is a vision statement
business structure in which 2 or more people share ownership although not necessarily equally
what is a partnership
summary of your plan and list of your objectives
what is executive summary
info about a specific population, including data on race, age income, and educational attainment
what is demographics
supplies used in the daily business operation
what is consumption supplies
any and all local, state federal regulations and laws that you must comply with when you decide to open your business or rent a booth
what are business regulations and laws
an ownership structure controlled by one or more stockholders
what is a corporation
recurring processes or activities involved in the running of a business for the purpose of producing income
what is business operation
an individual owner and most often the manager of a business
what is sole proprietor
maintaining accurate and complete records of all financial activities in your business
what is record keeping