Glossary:
"a list of difficult, technical, or foreign terms with definitions or translations, as for some particular author, field of knowledge,..."
- Webster's New World College Dictionary, Third Edition
One identifying mark of a neophyte in any field is their lack of knowledge of the basic lingo of the profession. For small business owners, knowing the right vocabulary can make a difference in obtaining the funding you need, forming a good relationship with vendors and clients, and in meeting legal requirements for your business. Here is a great place to learn all the words that will help you on the path to success in your venture.
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Accounting
Accredited
Accredited Investor
Acquisition
Advertising
Angel Investor
Appraisal
Bankruptcy
Barter
Bookkeeping
Budgeting
Business Incubation
Business Valuation
Certified 8(a) Firm
Collateral
Commercial Lending
Confidentiality Agreement
Consultant
Consumer Direct Marketing
Contract
Contract Employee
Copyright
Corporation
Credit
Creditworthy
Crisis Management
Direct Selling
Disaster Planning
Distributor
Dissolution
Downline
Due Diligence
Ecommerce
Entrepreneur
Equity
Ethics
Financial Management
Freelancer
General Partnership
Grant
GWAC (Government-wide Acquisition Contract
Home Based Business
Human Resources
IFB (Invitation for a Bid)
Independent Contractor
Independent Distributor
Independent Professional
Independent Representative
Independent Sales Representative
Initial Public Offering (IPO)
Insurance
Intellectual Property
Intrapreneur
Leverage
Limited Liability Company (LLC)
Limited Partnership
Line of Credit
Loan
Management
Marketing
Market Research
Merger
Multilevel Marketing
North American Industrial Classification System (NAICS)
Network Marketing
Networking
Noncompete Covenant
Nondisclosure Agreement
Partnership
Patent
Planning
Ponzi Scheme
Public Relations
Pyramid Scheme
RFA (Request for Application)
RFP (Request for Proposal)
RFQ (Request for Quotation)
Risk
Sales
SCORE
Sealed Bid
Small Business
Small Business Administration (SBA)
SOHO
Sole Proprietorship
Standard Industrial Classification (SIC) Code
Strategic Alliance
Subprime Lending
Target Market
Telecommuting
Temp
Termination
Trade Secret
Trademark
Vendor
Venture Capital
Virtual Assistant
