Intro to business Chapter 6

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Author:
dasafran
ID:
33693
Filename:
Intro to business Chapter 6
Updated:
2010-09-09 15:53:03
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business intro biz
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Chapter 6
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  1. (Small Business Administration) SBA
    a governmental agency that assists, counsels, and protests the interests of small businesses in the US
  2. Business Plan
    a carefully constructed guide for the person starting a business
  3. Venture Capital
    money that is invested in small (and sometimes struggling) firms that have the potential to become very successful
  4. Franchise
    a license to operate an individually owned business as though it were part of a chain of outlets or stores
  5. Franchisor
    an individual or organization granting a franchise
  6. Franchisee
    a person or organization purchasing a franchise
  7. Small Business
    one that is independently owned and operated for profit and is not dominant in its field
  8. Business Plan
    a carefully constructed guide for the person starting a business

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