<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"><channel><title><![CDATA[SmallBusinessNotes.com Recent Articles: Glossary]]></title><link>http://www.smallbusinessnotes.com/small-business-resources/business-glossary/</link><description></description></channel>
<item><title>Definition of Dissolution</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-dissolution.html</link><description><![CDATA[ Definition: A type of merger in which one business closes (the dissolving corporation), leaving its assets and liabilities to another business (the surviving business). Related Terms: Acquisition Joint Venture Merger Related Information: Why Merge? Business Valuation Related Books: The Complete Guide to Mergers and Acquisitions Mergers and Acquisitions from A to Z More Books about Mergers and Acquisitions &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Ponzi Scheme</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-ponzi-scheme.html</link><description><![CDATA[ Definition: The term Ponzi scheme is often misused as a synonym for a pyramid scheme, the essential difference is that Ponzi scheme participants are not offered any direct financial incentive for bringing in other participants. However, they are likely to tell their friends about the investment opportunity. The fact that early participants in a Ponzi scheme are paid off from the monies collected by later participants is normally known only to the operator of the Ponzi scheme. The participants are instead offered a story to explain their high investment returns. Related Terms: Multilevel Marketing Network Marketing Pyramid Scheme Related...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Keogh Plan</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-keogh-plan.html</link><description><![CDATA[ Definition: A tax-sheltered retirement plan for self-employed individuals in which the participants can deposit up to 20 percent of earnings and deduct the contributions from current income. Related Terms: Human Resources Management Planning Related Information: Tax Resources Human Resources Information Related Books: Retirement Bible Creating Your Own Retirement Plan: A Guide to Keoghs &amp;amp;amp; IRAs for the Self-Employed More Books about Taxes &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Patent</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-patent.html</link><description><![CDATA[ Definition: A patent is legal protection for an invention. Inventions include any new and useful process, machine, manufacture, or composition of matter, or any new and useful improvement on any of the above. Related Terms: Copyright Trademark Related Information: Patents The Difference Between Patents, Copyrights, and Trademarks Related Books: Business Law The Entrepreneur's Guide to Business Law More Books about the Legal Aspects of Running a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Crisis Management</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-crisis-management.html</link><description><![CDATA[ Definition: Managing a critical event that has occurred in your business that can have major repercussions on its viability. Related Terms: Disaster Planning Insurance Risk Related Information: Crisis Management Risk Management Strategies for Small Business Related Books: The Crisis Counselor: A Step-By-Step Guide to Managing a Business Crisis Crisis Management: Planning for the Inevitable More Books about Risk Management &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Vendor</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-vendor.html</link><description><![CDATA[ Definition: A Vendor is a seller of products or services. Often in contracting with a business or the government, the supplier is called a vendor. The term vendor is often used interchangably with the terms independent contractor, freelancer, and consultant. Another way the word Vendor is used is to describe a business being run on a street, such as a newspaper vendor. Related Terms: Contract Independent Contractor Consultant Related Information: Independent Contracting Government Contracting Related Books: Successful Proposal Strategies for Small Business Win Government Contracts for Your Small Business More Books about Contracting &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Human Resources</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-human-resources.html</link><description><![CDATA[ Definition: Human resources is the human labor, the physical abilities, and mental abilities that produce the goods and services of businesses. In a business, the term human resources is often used to refer to management of the people employed by the business. Human reources management specialists recruit and interview employees, advising on hiring decisions in accordance with policies and requirements that have been established in conjunction with management, provide training to enhance employee skills, and develop compensation plans and incentive programs to motivate employees. In some businesses this is called personnel management. Related Terms: Management Planning Related Information: Human...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Financial Management</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-financial-management.html</link><description><![CDATA[ Definition: The process of managing the financial resources, including accounting and financial reporting, budgeting, collecting accounts receivable, risk management, and insurance for a business. Related Terms: Accounting Bookkeeping Budgeting Related Information: Financial Management Human Resources Leadership Operating Your Small Business Related Books: Accounting and Finance for Your Small Business Keeping the Books: Basic Recordkeeping and Accounting for the Successful Small Business More Books about Financially Managing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Appraisal</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-appraisal.html</link><description><![CDATA[ Definition: An estimate of the worth or value of something on the open market. The term is also used for the report that describes how the estimation and conclusion of value was made. Related Terms: Business Valuation Collateral Loan Related Information: Business Valuation Financing a Small Business Related Books: The Small Business Valuation Book What Every Business Owner Should Know About Valuing Their Business More Books about Business Valuation &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Trademark</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-trademark.html</link><description><![CDATA[ Definition: Legal protection for a word, name, symbol or device which is used in trade with goods to indicate the source of the goods and to distinguish them from the goods of others. A servicemark is the same as a trademark except that it identifies and distinguishes the source of a service rather than a product. Related Terms: Copyright Patent Related Information: Trademarks The Difference Between Patents, Copyrights, and Trademarks Related Books: Business Law The Entrepreneur's Guide to Business Law More Books about the Legal Aspects of Running a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Network Marketing</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-network-marketing.html</link><description><![CDATA[ Definition: A business in which a distributor network is needed to build the business. Usually such businesses are also MLM in nature in that payouts also occur at more than one level. Network Marketing is sometimes also used incorrectly to indicate that the business uses a network of product suppliers in order to offer a broader selection of products. It is usually used this way to differentiate themselves as a way to suggest that their program is superior to other such programs. Related Terms: Consumer-Direct Marketing Multilevel Marketing Pyramid Scheme Related Information: Multilevel Marketing (MLM) How to Decide If...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Advertising</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-advertising.html</link><description><![CDATA[ Definition: Providing a persuasive selling message to the public concerning the products and services your business has for sale, usually conducted through some type of media campaign Related Terms: Marketing Public Relations Sales Related Information: Advertising Marketing a Small Business Related Books: Ogilvy on Advertising Hey, Whipple, Squeeze This: A Guide to Creating Great Ads Books about Advertising &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Due Diligence</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-due-diligence.html</link><description><![CDATA[ Definition: The process by which persons conduct inquiries for the purposes of timely, sufficient and accurate disclosure of all material statements/information or documents which may influence the outcome of the transaction. Due diligence is a critical component in mergers and acquisitions. Related Terms: Acquisition Appraisal Business Valuation Related Information: Business Valuation Buying a Business Why Merge? Related Books: The Art of M&amp;amp;amp;A Due Diligence Due Diligence for Global Deal Making More Books about Mergers and Acquisitions &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Networking</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-networking.html</link><description><![CDATA[ Definition: Developing business contacts to form business relationships, increase your knowledge, expand your business base, or serve the community; the term is also used to describe linking computers together to share information. Related Terms: Joint Venture Network Marketing Strategic Alliance Related Information: Management Professional Associations Related Books: Dig Your Well Before You're Thirsty Make Your Contacts Count: Networking Know How for Cash, Clients, and Career Success Books about Marketing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Commercial Lending</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-commercial-lending.html</link><description><![CDATA[ Definition: Lending to a business. Related Terms: Business Valuation Subprime Lending Loan Related Information: Small Business Loans Financing a Small Business Related Books: Finding Money: The Small Business Guide to Financing How to Get a Small Business Loan: A Banker Shows You Exactly What to Do to Get a Loan More Books about Financing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Non-Compete Covenants</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-non-compete-covenants.html</link><description><![CDATA[ Definition: A non-compete covenant is a legal document that ensures that an employee will not compete against an employer or former employer. Since competitors often recruit each other's employees hoping to gain an advantage, these covenants are especially important. Without such a covenant, a top salesperson leaving to work for a competitor may be able to take a list of important clients, thus harming the business of the original employer. Related Terms: Trade Secrets Intellectual Property Trademark Related Information: U.S. Department of Labor Definition of a Trade Secret Intellectual Property Legal Resources for Small Businesses Related Books: Nondisclosure Agreements:...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of GWAC (Government-wide Acquisition Contracts)</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-gwac-government-wide-acquisition-contracts.html</link><description><![CDATA[ Definition: GWAC stands for Government-wide Acquisition Contract. Sometimes the government can realize economies of scale by centralizing the purchasing of certain types of products or services. A GWAC consolidates purchasing across a number of federal government agencies. Procurement reform has ushered numerous new and/or modified acquisition vehicles -- multiple award contracts -- such as multi-agency contracts and government-wide acquisition contracts (GWACs). These vehicles encourage long-term vendor agreements with fewer vendors. Related Terms: RFA (Request for Application) RFP (Request for Proposal) Contract Related Information: Government Contracting Independent Contracting Consolidated Purchasing Programs Related Books: Successful Proposal Strategies for Small Business Win...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Ethics</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-ethics.html</link><description><![CDATA[ Definition: A system of principles based on ideas of right and wrong, whether true or false; rules of practice in respect to human actions. Related Terms: Management Ponzi Scheme Contract Related Information: Business Ethics Leadership Related Books: Defining Moments: When Managers Must Choose Between Right and Right Ethics, the Heart of Leadership More Books about Ethics in a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Limited Partnership</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-limited-partnership.html</link><description><![CDATA[ Definition: A partnership that is a business arrangement whereby the operation is administered by one or more general partners and funded by limited or silent partners who are legally responsible for losses based only on the amount of their investment. Related Terms: Corporation Limited Liability Company (LLC) Sole Proprietorship Related Information: The Legal Requirements for Starting a Business How to Form a Business Partnership Related Books: The Partnership Book: How to Write A Partnership Agreement The Partnering Imperative Books about Legal Issues in a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Contract</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-contract.html</link><description><![CDATA[ Definition: A legal, written agreement between two or more parties to perform certain services in exchange for money or other remuneration; also used to describe a type of funding in which specific services are performed for a set fee. Contracts are often awarded on the basis of a Request for Proposal, often referred to as an RFP. Related Terms: RFP Grant Independent Contractor Related Information: Independent Contracting Government Contracting Legal Resources for Small Business Related Books: Successful Proposal Strategies for Small Business Win Government Contracts for Your Small Business More Books about Contracting &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Accredited Investor</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-accredited-investor.html</link><description><![CDATA[ Definition The federal securities laws define the term accredited investor in Rule 501 of Regulation D as: A bank, insurance company, registered investment company, business development company, or small business investment company; An employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million; A charitable organization, corporation, or partnership with assets exceeding $5 million; A business in which all the equity owners are accredited investors; A natural person who has individual...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Leverage</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-leverage.html</link><description><![CDATA[ Definition: The use of debt to increase returns. As an example, if you buy something worth $100,000 with $10,000 of your own money and a $90,000 loan and the investment increases in value by $10,000 after repaying the loan and its interest, you have made a 100 percent return on your investment. The leverage of the loan allowed you to make the investment and a greater profit. Businesses use leverage in borrowing to build a new production facility that allows them to generate a greater return on investment. However, leverage does have its risks. If the business finds that...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Nondisclosure Agreement</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-nondisclosure-agreement.html</link><description><![CDATA[ Definition: Nondisclosure agreements, also known as confidentiality agreements, ensure that proprietary information disclosed by one party will be kept secret by another party. Such agreements are often the only method to ensure that employees keep trade secrets, allowing both parties to acknowledge that a duty of confidentiality exists, defining the scope of the duty and spelling out the possible remedies or sanctions associated with the breach of the duty. Related Terms: Trade Secrets Intellectual Property Trademark Related Information: U.S. Department of Labor Definition of a Trade Secret Intellectual Property Legal Resources for Small Businesses Related Books: Nondisclosure Agreements: Protect...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Management</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-management.html</link><description><![CDATA[ Definition: Handling, controlling, directing the operation of a business. Also is used to refer to the persons involved in managing the business. Related Terms: Human Resources Marketing Planning Related Information: Management Information and Resources Related Books: The Effective Executive Treat People Right! More Books about Managing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of a Pyramid Scheme</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-a-pyramid-scheme.html</link><description><![CDATA[ Definition: A pyramid scheme is an illegal multilevel marketing program in which people pay an entrance fee for the opportunity to recruit others to do the same. Pyramid schemes usually have no products. Chain letters in which you send money to the person who sent you the letter, then you forward the same letter to a number of others is an example of a pyramid scheme. Related Terms: Multilevel Marketing Network Marketing Ponzi Scheme Related Information: Multilevel Marketing (MLM) How to Decide If Network Marketing Is Right For You Business Opportunity Scams Related Books: You Can't Cheat an Honest...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Intrapreneur</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-intrapreneur.html</link><description><![CDATA[ Definition: An intrapreneur is an entrepreneur within a large firm. Related Terms: Entrepreneur Small Business Related Information: Intrapreneurship What Is an Entrepreneur? Related Books: Corporate Venturing: Creating New Businesses Within the Firm Intrapreneuring in Action More Books about Intrapreneurship &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Small Business Administration</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-small-business-administration.html</link><description><![CDATA[ Definition: The United States Government Agency charged with &amp;quot;providing customer-oriented, full-service programs and accurate, timely information to the entrepreneurial community&amp;quot; Related Terms: Small Business SCORE Related Information: Small Business Size Regulations About Small Business Related Books: Small Business Kit For Dummies Up Against the Wal-Marts More Books about Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Disaster Planning</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-disaster-planning.html</link><description><![CDATA[ Definition: A business plan that covers the management of major misfortunes that might result in the loss of life and/or property and has the potential to be ruinous to the business. Related Terms: Crisis Management Insurance Risk Related Information: Disaster Recovery Risk Management Strategies for Small Business Crisis Management Related Books: Contingency Planning and Disaster Recovery : A Small Business Guide Enterprise Risk Management: From Incentives to Controls More Books about Risk Management &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Sealed Bid</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-sealed-bid.html</link><description><![CDATA[ Definition: Sealed bidding is how the government contracts competitively when its requirements are clear, accurate and complete. An Invitation For Bid (IFB) is the method used for the sealed bid process. Typically, an IFB includes a description of the product or service to be acquired, instructions for preparing a bid, the conditions for purchase, packaging, delivery, shipping and payment, contract clauses to be included and the deadline for submitting bids. Each sealed bid is opened in public at the purchasing office at the time designated in the invitation. All bids are read aloud and recorded. A contract is then...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Trade Secret</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-trade-secret.html</link><description><![CDATA[ Definition: Any piece of information used by a business that isn't known to the general public, including formulas, business plans, designs and procedures. Related Terms: Intellectual Property Patent Trademark Related Information: U.S. Department of Labor Definition of a Trade Secret Intellectual Property Legal Resources for Small Businesses Related Books: Nondisclosure Agreements: Protect Your Trade Secrets and More Protecting Your Company's Intellectual Property: A Practical Guide to Trademarks, Copyrights, Patents &amp;amp;amp; Trade Secrets More Books about Business Law &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Direct Selling/Marketing</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-direct-selling-marketing.html</link><description><![CDATA[ Definition: Direct Selling, or Direct Marketing as it is sometimes called, simply means grass roots, face-to-face distribution of products. It used often to refer to door-to-door selling. Related Terms: Marketing Sales Network Marketing Related Information: Multilevel Marketing (MLM) How to Decide If Network Marketing Is Right For You Related Books: Inside Network Marketing Network Marketing for Dummies More Books about Multilevel Marketing &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Bookkeeping</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-bookkeeping.html</link><description><![CDATA[ Definition: The systematic recording of the financial transactions in the accounts for a business. Related Terms: Accounting Budgeting Financial Management Related Information: Bookkeeping Systems Financial Management Human Resources Leadership Related Books: Accounting and Finance for Your Small Business Keeping the Books: Basic Recordkeeping and Accounting for the Successful Small Business More Books about Financially Managing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Telecommuting</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-telecommuting.html</link><description><![CDATA[ Definition: Working at home for a business. Data and documents are usually transmitted to and from a central office via computer, fax, and telephone. Related Terms: Entrepreneur Small Business Home-Based Business Related Information: Home-Based Business Related Books: The Home Office and Small Business Answer Book The Unofficial Guide to Starting a Home-Based Business More Books about Running a Home-Based Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Subprime Lending</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-subprime-lending.html</link><description><![CDATA[ Definition: Lending to businesses who do not qualify for &amp;quot;prime&amp;quot; rates, those rates reserved for borrowers with virtually blemish-free credit histories. Subprime lending is usually one to six points over the prime rate. Related Terms: Business Valuation Commercial Lending Loan Related Information: Financing Your Small Business Related Books: Finding Money: The Small Business Guide to Financing How to Get a Small Business Loan: A Banker Shows You Exactly What to Do to Get a Loan More Books about Financing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Creditworthy</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-creditworthy.html</link><description><![CDATA[ Definition: A determination by a lender on whether a borrower is capable of repaying a loan. There are a wide variety of criteria used by lenders in determining whether a business or person is creditworthy. Common measures used are a satisfactory credit history (at least two years) and sufficient current income to repay the loan. Related Terms: Credit Qualification Loan Related Information: Small Business Loans Financing a Small Business Related Books: Finding Money: The Small Business Guide to Financing How to Get a Small Business Loan: A Banker Shows You Exactly What to Do to Get a Loan More...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Credit</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-credit.html</link><description><![CDATA[ Definition: A contract to receive money, goods, or services now, paying for them over time at an established interest rate. In accounting, the term credit is to used to describe an entry on the right-hand side in the double-entry bookkeeping system. Related Terms: Contract Line of Credit Loan Related Information: Small Business Loans Financing a Small Business Related Books: Finding Money: The Small Business Guide to Financing How to Get a Small Business Loan: A Banker Shows You Exactly What to Do to Get a Loan More Books about Financing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Strategic Alliance</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-strategic-alliance.html</link><description><![CDATA[ Definition: A Strategic Alliance is a partnership between businesses in which you combine efforts in a business effort. The joint effort can involve anything from getting a better price for goods by buying in bulk together to seeking business together with each of you providing part of the product. The basic idea behind strategic alliances is to minimize risk while maximizing your leverage in the marketplace. Related Terms: Merger Joint Venture Partnership Related Information: Strategic Alliances Why Merge? Related Books: The Practical Guide to Joint Ventures and Corporate Alliances The Partnering Imperative Books about Strategic Alliances &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp;...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Initial Public Offering</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-initial-public-offering.html</link><description><![CDATA[ Definition: Offering stock on the open market to the public for the first time. Related Terms: Angel Investor Loan Venture Capital Related Information: Initial Public Offerings Related Books: The Ernst &amp;amp;amp; Young Guide to the IPO Value Journey Going Public More Books about Financing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of SCORE</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-score.html</link><description><![CDATA[ Definition: Service Corps of Retired Executives; they provide counseling advice for small businesses. Related Terms: Small Business Small Business Administration Related Information: About Small Business Related Books: Small Business Kit For Dummies Up Against the Wal-Marts More Books about Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Loan</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-loan.html</link><description><![CDATA[ Definition: Money lent for a specified period of time at a specific interest rate. Collateral is often necessary to receive the loan. Related Terms: Angel Investor Initial Public Offering (IPO) Venture Capital Related Information: Small Business Loans Financing a Small Business Related Books: Finding Money: The Small Business Guide to Financing How to Get a Small Business Loan: A Banker Shows You Exactly What to Do to Get a Loan More Books about Financing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Limited Liability Company</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-limited-liability-company.html</link><description><![CDATA[ Definition: A legal entity that has the option of being taxed like a partnership, but shields personal assets from business debt like a corporation. Related Terms: Corporation Partnership Sole Proprietorship Related Information: Limited Liability Companies (LLCs) How to Form a Limited Liability Company Legal Resources for Small Businesses Related Books: How to Form and Operate a Limited Liability Company: A Do-It-Yourself Guide Nolo's Quick LLC: All You Need to Know About Limited Liability Companies Books about Legal Issues in a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Freelancer</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-freelancer.html</link><description><![CDATA[ Definition: A Freelancer is one who pursues a profession, usually in the arts, under no long-term contractual commitments to any one employer or company. They are on their own to find work, negotiate the terms and compensation for that work, and deliver the work to the satisfaction of the paying client. The term freelancer is often used interchangeably with the terms independent contractor, consultant, and vendor. Related Terms: Contract Consultant Independent Contractor Vendor Related Information: Independent Contracting Government Contracting Related Books: Successful Freelancing: The Complete Guide to Establishing and Running Any Kind of Freelance Business Working for Yourself: Law...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Contract Employee</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-contract-employee.html</link><description><![CDATA[ Definition: A Contract Employee works for an agency that contracts out their work to various employers. The agency usually provides Worker's Compensation insurance and withholds taxes. Desirable agencies also have health insurance and other benefits available at a group rate, i.e., you pay for them, but at a discounted rate. Related Terms: Independent Contractor Temp Sole Proprietor Related Information: Independent Contracting Home-Based Businesses Related Books: The Home Office and Small Business Answer Book The Unofficial Guide to Starting a Home-Based Business More Books about Running a Home-Based Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Entrepreneur</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-entrepreneur.html</link><description><![CDATA[ Definition: An entrepreneur is someone who assumes the financial risk of beginning and managing a new venture. The venture can be based on a totally new idea, a new way of doing something, a new location, or attempting something no one else has done before. Related Terms: Small Business Home-Based Business Risk Related Information: What is an Entrepreneur? Entrepreneurial Issues Starting a Small Business Related Books: Entrepreneur's Ultimate Start-Up Directory The Start-Up Guide: A One-Year Plan for Entrepreneurs More Books about Starting a Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Insurance</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-insurance.html</link><description><![CDATA[ Definition: A contract binding a party to provide compensation for a specified damage, loss, or injury suffered in return for premium (a sum of money) paid. Related Terms: Risk Crisis Management Disaster Planning Related Information: Risk Management Strategies for Small Business Insurance Information and Resources Related Books: Insurance for Dummies Retirement Bible More Books about Financially Managing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Target Market</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-target-market.html</link><description><![CDATA[ Definition: A target market is the specific group of people you are trying to reach with your marketing effort. The target market can be defined by demography (age, income, occupation), psychologic factors (music lovers, urban dwellers), geography or any other factor that specifically identifies a sub-population. Related Terms: Marketing Market Research Sales Related Information: Target Market Marketing Information and Resources Related Books: Getting Business to Come to You: A Complete Do-It-Yourself Guide to Attracting All the Business You Can Enjoy Solution Selling: Creating Buyers in Difficult Selling Markets More Books about Marketing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Certified 8(a) Firm</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-certified-8a-firm.html</link><description><![CDATA[ Definition: A firm owned and operated by socially and economically disadvantaged individuals and eligible to receive federal contracts under the Small Business Administration's 8(a) Business Development Program. Related Terms: Contract Grant Small Business Related Information: Marketing to the Government Government Contracting Legal Resources for Small Business Related Books: Successful Proposal Strategies for Small Business Win Government Contracts for Your Small Business More Books about Contracting &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Accredited</title><link>http://www.smallbusinessnotes.com/small-business-resources/accredited.html</link><description><![CDATA[ Definition: Accreditation is a process of voluntary, non-governmental review of educational institutions and programs. Accrediting bodies are specialized agencies that develop standards for the programs being reviewed. To be &amp;quot;accredited&amp;quot; the educational program must meet the standards set by the agency. The accrediting body for business programs is The Association to Advance Collegiate Schools of Business (AACSB). AACSB has developed a set of standards applicable to all business programs globally which support and encourage excellence in management education worldwide. Accreditation is a lengthy process that not all schools undertake. However, institutions that earn accreditation confirm their commitment to quality...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Small Business</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-small-business.html</link><description><![CDATA[ Definition: A business that is independently owned and operated that is not dominant in its field of operation, provided it has annual receipts not in excess of $500,000 and has fewer than 500 employees. For specific industry definitions from the U.S. Government, see the Small Business Size Regulations. Related Terms: Small Business Administration Sole Proprietorship Related Information: What is a Small Business? About Small Business Related Books: Small Business Kit For Dummies Up Against the Wal-Marts More Books about Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Joint Venture</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-joint-venture.html</link><description><![CDATA[ Definition: Two or more businesses joining together under a contractual agreement to conduct a specific business enterprise with both parties sharing profits and losses. The venture is for one specific project only, rather than for a continuing business relationship as in a strategic alliance. Related Terms: Strategic Alliance Merger Partnership Related Information: Strategic Alliances Why Merge? Related Books: The Practical Guide to Joint Ventures and Corporate Alliances The Partnering Imperative Books about Strategic Alliances &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Accounting</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-accounting.html</link><description><![CDATA[ Definition: Accounting is a system of recording, reporting, analyzing, verifying, and summarizing business and financial transactions for a business. Related Terms: Bookkeeping Budgeting Financial Management Related Information: Accounting Systems Financial Management Human Resources Leadership Related Books: Accounting and Finance for Your Small Business Keeping the Books: Basic Recordkeeping and Accounting for the Successful Small Business More Books about Financially Managing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Merger</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-merger.html</link><description><![CDATA[ Definition: A full joining together of two previously separate corporations. A true merger in the legal sense occurs when both businesses dissolve and fold their assets and liabilities into a newly created third entity. This entails the creation of a new corporation. Related Terms: Acquisition Dissolution Joint Venture Related Information: Why Merge? Merging Wisely Business Valuation Related Books: The Complete Guide to Mergers and Acquisitions Mergers and Acquisitions from A to Z More Books about Mergers and Acquisitions &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Business Valuation</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-business-valuation.html</link><description><![CDATA[ Definition: An estimate of the worth of a business entity and its assets. Related Terms: Acquisition Appraisal Loan Related Information: Business Valuation Buying a Business Related Books: The Small Business Valuation Book What Every Business Owner Should Know About Valuing Their Business More Books about Business Valuation &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Public Relations</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-public-relations.html</link><description><![CDATA[ Definition: The professional promotion of a specific image for a business. Related Terms: Advertising Marketing Sales Related Information: Public Relations Related Books: Designing Brand Identity: A Complete Guide to Creating, Building, and Maintaining Strong Brands Getting Business to Come to You: A Complete Do-It-Yourself Guide to Attracting All the Business You Can Enjoy More Books about Marketing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Collateral</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-collateral.html</link><description><![CDATA[ Definition: Property used as security for a loan. If the debt is not paid, the lender has the right to sell the collateral to recover the value of the loan. Related Terms: Business Valuation Equity Loan Related Information: Small Business Loans Financing a Small Business Related Books: Finding Money: The Small Business Guide to Financing How to Get a Small Business Loan: A Banker Shows You Exactly What to Do to Get a Loan More Books about Financing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Ecommerce</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-ecommerce.html</link><description><![CDATA[ Definition: In its most general sense, ecommerce can refer to conducting business communication and transactions with computers over networks. However, ecommerce most commonly is used to refer to buying and selling of goods and services, and the transfer of funds, on the internet. Related Terms: Advertising Sales Telecommuting Related Information: Ecommerce Marketing on the Internet Related Books: Selling Online The Complete E-Commerce Book More Books about Ecommerce &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Termination</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-termination.html</link><description><![CDATA[ Definition: Termination refers to the separation of an employee from your company. Employees may terminate or separate from your company under several scenarios, voluntarily or involuntarily. Related Terms: Contract Employee Outsourcing Dissolution Related Information: Employee Termination Employee Handbook Related Books: The Hiring and Firing: Question and Answer Book 101 Sample Write-Ups for Documenting Employee Performance Problems More Books about Human Resources &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Qualification</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-qualification.html</link><description><![CDATA[ Definition: An evaluation of a person or business that determines their ability to do the work required for a contract or task. In applying for a loan, it is the process in which the lending agency uses to evaluate a prospective borrower's credit and repayment ability prior in order to decide whether to make a loan. Related Terms: Credit Creditworthy Loan Related Information: Financing a Small Business Related Books: Finding Money: The Small Business Guide to Financing How to Get a Small Business Loan: A Banker Shows You Exactly What to Do to Get a Loan More Books about...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Sole Proprietor</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-sole-proprietor.html</link><description><![CDATA[ Definition: A business owned and operated by one person for profit. Related Terms: Corporation Limited Liability Company Partnership Related Information: Proprietorships How to Form a Sole Proprietorship Legal Resources for Small Businesses Related Books: The Entrepreneur's Guide to Business Law Inc. Yourself More Books about Business Law &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Intellectual Property</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-intellectual-property.html</link><description><![CDATA[ Definition: Business strategies, images, concepts and ideas. Now protected by patents, trademarks, copyrights and trade secrets, businesses must take the appropriate steps to ensure that their intellectual property is kept safe from competing businesses, defecting partners and even employees. Related Terms: Trade Secrets Patent Trademark Related Information: U.S. Department of Labor Definition of a Trade Secret Intellectual Property Legal Resources for Small Businesses Related Books: Nondisclosure Agreements: Protect Your Trade Secrets and More Protecting Your Company's Intellectual Property: A Practical Guide to Trademarks, Copyrights, Patents &amp;amp;amp; Trade Secrets More Books about Business Law &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Temp</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-temp.html</link><description><![CDATA[ Definition: A Temp works for an agency that contracts out their work to various employers. The agency usually provides Worker's Compensation insurance and withholds taxes. Desirable agencies also have health insurance and other benefits available at a group rate, i.e., you pay for them, but at a discounted rate. Related Terms: Entrepreneur Small Business Home-Based Business Related Information: Independent Contracting Home-Based Businesses Related Books: The Home Office and Small Business Answer Book The Unofficial Guide to Starting a Home-Based Business More Books about Running a Home-Based Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Grant</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-grant.html</link><description><![CDATA[ Definition: An award of financial assistance in the form of money, or property in lieu of money, by a funding agency. The grant is usually advertised through an RFA. The grantee is required to account for spending the money in the manner specified by the grantor. Related Terms: RFA (Request for Application Contract Loan Related Information: Grants Financing a Small Business Government Contracts Related Books: 2003 Guide to Federal Grants and Government Assistance to Small Business Grant Writing: Strategies for Developing Winning Proposals More Books about Grants &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of North American Industrial Classification System (NAICS)</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-north-american-industrial-classification-system-naics.html</link><description><![CDATA[ Definition: The North American Industry Classification System (NAICS pronounced Nakes) is a system for classifying business establishments. Adopted in 1997 to replace the old Standard Industrial Classification (SIC) system, it is the industry classification system used by the statistical agencies of the United States. It is the first economic classification system to be constructed based on a single economic concept. NAICS was developed jointly by the U.S., Canada, and Mexico to provide new comparability in statistics about business activity across North America. Related Terms: Standard Industrial Classification Code (SIC) Small Business Small Business Administration (SBA) Related Information: North American...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Outsourcing</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-outsourcing.html</link><description><![CDATA[ Definition: Purchasing a functional service for the company from another business. Types of services commonly outsourced are payroll, taxes, and advertising. Related Terms: Contract Independent Contractor Consultant Related Information: Independent Contracting Government Contracting Related Books: The Contracting Organization: A Strategic Guide to Outsourcing Alliances, Outsourcing, and the Lean Organization Books about Contracting &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Marketing</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-marketing.html</link><description><![CDATA[ Definition: The process of researching, promoting, selling and distributing a product or service. Marketing includes advertising, publicity, promotion, pricing, sales and distribution of the goods or services. Related Terms: Advertising Public Relations Sales Related Information: Marketing Information and Resources Related Books: Guerrilla Marketing: Secrets for Making Big Profits for Your Small Business Small Business Marketing for Dummies More Books about Marketing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Sales</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-sales.html</link><description><![CDATA[ Definition: The exchange of a product or service for money. It also used to refer to reducing the price of a commodity; i.e, putting the commodity &amp;quot;on sale&amp;quot; or conducting sales of goods. People that sell goods are frequently referred to as being in sales; i.e., that is their profession. Related Terms: Crisis Management Disaster Planning Insurance Related Information: The Sales Process Related Books: Guerrilla Marketing: Secrets for Making Big Profits for Your Small Business Small Business Marketing for Dummies More Books about Marketing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of General Partnership</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-general-partnership.html</link><description><![CDATA[ Definition: A partnership that is a joint venture in which each general partner shares in the administration, profits and losses of the operation. Related Terms: Corporation Partnership (LLC) Sole Proprietor Related Information: The Legal Requirements for Starting a Business How to Form a Business Partnership Related Books: The Partnership Book: How to Write A Partnership Agreement The Partnering Imperative Books about Legal Issues in a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Confidentiality Agreement</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-confidentiality-agreement.html</link><description><![CDATA[ Definition: Confidentiality agreements, also known as nondisclosure agreements, ensure that proprietary information disclosed by one party will be kept secret by another party. Such agreements are often the only method to ensure that employees keep trade secrets, allowing both parties to acknowledge that a duty of confidentiality exists, defining the scope of the duty and spelling out the possible remedies or sanctions associated with the breach of the duty. Related Terms: Trade Secrets Intellectual Property Trademark Related Information: U.S. Department of Labor Definition of a Trade Secret Intellectual Property Legal Resources for Small Businesses Related Books: Nondisclosure Agreements: Protect...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Copyright</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-copyright.html</link><description><![CDATA[ Definition: A form of protection provided by the laws of the United States to the authors of &amp;quot;original works of authorship,&amp;quot; including literary, dramatic, musical, artistic, and certain other intellectual works. This protection is available to both published and unpublished works. Copyright protection is available for all unpublished works, regardless of the nationality or domicile of the author. Related Terms: Patent Trademark Related Information: Copyrights The Difference Between Patents, Copyrights, and Trademarks Related Books: Business Law The Entrepreneur's Guide to Business Law More Books about the Legal Aspects of Running a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Independent Contractor</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-independent-contractor.html</link><description><![CDATA[ Definition: An Independent Contractor is a person or a business that follows an independent trade, business, or profession in which they provide goods or services to the public. The business contracting for their services must have the right to control or direct only the result of the work and not the means and methods of accomplishing the result. In other words, they contract for certain work to be done, but do not tell you when, where or how to do the work. The term independent contractor is often used interchangeably with the terms vendor, freelancer and consultant. Related Terms:...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Angel Investor</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-angel-investor.html</link><description><![CDATA[ Definition: Individuals who invest in businesses looking for a higher return than they would see from more traditional investments. In return for their investment they often are highly involved in the business. Usually they are the bridge from the self-funded stage of the business to the point that the business needs the level of funding that a venture capitalist would offer. Funding estimates vary, but usually range from $150,000 to $1.5 million. Related Terms: Initial Public Offering Loan Venture Capital Accredited Investor Related Information: Angel Investors Finding an Angel Venture Capital Equity Financing Financing a Small Business Related Books:...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Virtual Assistant</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-virtual-assistant.html</link><description><![CDATA[ Definition: A Virtual Assistant is a temporary worker who works for businesses over the internet. The employer may be at a great distance from the assistant. All the work is performed remotely. Related Terms: Contract Home-Based Business Sole Proprietor Related Information: Independent Contracting Home Based Businesses Related Books: The Home Office and Small Business Answer Book The Unofficial Guide to Starting a Home-Based Business More Books about Running a Home-Based Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Consumer Direct Marketing</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-consumer-direct-marketing.html</link><description><![CDATA[ Definition: Consumer Direct Marketing is Network Marketing in which the distribution chain is referred to as consumers rather than distributors. In such businesses the distributor must also buy the product for their personal use. Related Terms: Multi-Level Marketing Network Marketing Pyramid Scheme Related Information: Multilevel Marketing (MLM) How to Decide If Network Marketing Is Right For You Business Opportunity Scams Related Books: Inside Network Marketing Network Marketing for Dummies More Books about Multilevel Marketing &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Bankruptcy</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-bankruptcy.html</link><description><![CDATA[ Definition: Bankruptcy is a federal law that allows individuals or businesses with financial difficulties to either work out a plan to repay the money over time or completely eliminate most of the bills. A number of different types of bankruptcy exist. Related Terms: Accounting Budgeting Financial Management Related Information: Bankruptcy IRS Bankruptcy Tax Guide Financial Management Human Resources Leadership Related Books: Bankruptcy: Is It the Right Solution to Your Debt Problems? Debt Free! More Books about Financially Managing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Home-Based Business</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-home-based-business.html</link><description><![CDATA[ Definition: A home based business is a business whose primary office is in the owner's home. The business can be any size or any type as long as the office itself is located in a home. Related Terms: Entrepreneur Small Business Telecommuting Related Information: Independent Contracting Home-Based Businesses Related Books: The Home Office and Small Business Answer Book The Unofficial Guide to Starting a Home-Based Business More Books about Running a Home-Based Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of IFB (Invitation for a Bid)</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-ifb-invitation-for-a-bid.html</link><description><![CDATA[ Definition: IFB stands for Invitation for a Bid. It is a the method used for the sealed bid process. Typically, an IFB includes a description of the product or service to be acquired, instructions for preparing a bid, the conditions for purchase, packaging, delivery, shipping and payment, contract clauses to be included and the deadline for submitting bids. Each sealed bid is opened in public at the purchasing office at the time designated in the invitation. All bids are read aloud and recorded. A contract is then awarded by the agency to the low bidder who is determined to...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Barter</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-barter.html</link><description><![CDATA[ Definition: The direct exchange of merchandise and/or services between two different businesses. Related Terms: Credit Strategic Alliance Loan Related Information: Short of Cash? Barter! Financing a Small Business Related Books: The Barter Bible: A Guide to Increase Your Cash Flow Using Barter Barter and the Future of Money More Books about Financing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Business Incubation</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-business-incubation.html</link><description><![CDATA[ Definition: Business incubation provides workspace and an instructive, supportive environment to entrepreneurs at start-up and during the early stages of businesses. Related Terms: Angel Investor Joint Venture Venture Capital Related Information: Business Incubation Startup Checklist Related Books: Growing New Ventures, Creating New Jobs: Principles and Practices of Successful Business Incubation Incubators: A Realist's Guide to the World's New Business Accelerators More Books about Financing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Multilevel Marketing (MLM)</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-multilevel-marketing-mlm.html</link><description><![CDATA[ Definition: Multilevel Marketing is selling products by using independent distributors and allowing these distributors to build and manage their own sales force by recruiting, motivating, supplying, and training others to sell products. The distributors' compensation includes their own sales and a percentage of the sales of their sales group (downline). Another description is any business where payouts occur at two or more levels; i.e., if you make a sale, both you and the person above you will get a portion of the proceeds. Related Terms: Consumer-Direct Marketing Network Marketing Pyramid Scheme Related Information: Multilevel Marketing (MLM) How to Decide...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Planning</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-planning.html</link><description><![CDATA[ Definition: A detailed method, formulated beforehand, for managing all or part of a business. Related Terms: Crisis Management Disaster Planning Management Related Information: Planning Business Planning Resources Related Books: Applied Strategic Planning: How to Develop a Plan That Really Works Business Plan Pro More Books about Planning a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Consultant</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-consultant.html</link><description><![CDATA[ Definition: A Consultant is someone brought in for a limited time to solve one or more specific problems. This can be done under a contract for a specific problem or on a longer term contract for ongoing needs related to a specific problem. The term consultant is often used interchangeably with the terms independent contractor, freelancer, and vendor. Related Terms: Contract Independent Contractor Freelancer Vendor Related Information: Independent Contracting Government Contracting Related Books: Successful Independent Consulting: Turn Your Career Experience into a Consulting Business Working for Yourself: Law and Taxes for Independent Contractors, Freelancers and Consultants More Books about...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Independent Professional</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-independent-professional.html</link><description><![CDATA[ Definition: An Independent Professional is someone with an advanced academic degree or specialized training or experience. They are usually a professional in a particular field of work. Related Terms: Independent Contractor Consultant Sole Proprietor Related Information: Independent Contracting Operating a Small Business Related Books: Successful Independent Consulting: Turn Your Career Experience into a Consulting Business Working for Yourself: Law and Taxes for Independent Contractors, Freelancers and Consultants More Books about Contracting &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Equity</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-equity.html</link><description><![CDATA[ Definition: The difference between the value of a property and the amount of money owed on the property. The amount of money the owner would realize if the property were sold. Related Terms: Business Valuation Collateral Loan Related Information: Financial Management Human Resources Leadership Financing Your Small Business Related Books: Accounting and Finance for Your Small Business Keeping the Books: Basic Recordkeeping and Accounting for the Successful Small Business More Books about Financially Managing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Acquisition</title><link>http://www.smallbusinessnotes.com/small-business-resources/acquisition.html</link><description><![CDATA[ Definition: Assuming ownership of another business. The acquisition can be made through a direct purchase or through a merger agreement that involves the exchange of assets. Related Terms: Merger Joint Venture Strategic Alliance Related Information: Why Merge? Merging Wisely Business Valuation Related Books: The Complete Guide to Mergers and Acquisitions Mergers and Acquisitions from A to Z More Books about Acquisitions &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of RFP (Request for Proposal)</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-rfp-request-for-proposal.html</link><description><![CDATA[ Definition: RFP stands for Request for Proposal. When the value of a government contract exceeds $100,000 and when it necessitates a highly technical product or service, the government may issue a Request for Proposal (RFP). In a typical RFP, the government will request a product or service it needs, and solicit proposals from prospective contractors on how they intend to carry out that request, and at what price. Proposals in response to an RFP can be subject to negotiation after they have been submitted. Related Terms: Contract Grant Independent Contractor Related Information: Independent Contracting Government Contracting Related Books: Successful...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Market Research</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-market-research.html</link><description><![CDATA[ Definition: Market research is a systematic, objective collection and analysis of data about your target market, competition, and/or environment with the goal being increased understanding of them. Market research is the study of markets (or groups of people) you would like to sell your product to. In other words, it is learning about your customers. Who are they? What do they want or need? What are their lifestyles? Related Terms: Marketing Advertising Sales Related Information: Marketing Research Marketing Information and Resources Related Books: The Market Research Toolbox: A Concise Guide for Beginners State of The Art Marketing Research More...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Partnership</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-partnership.html</link><description><![CDATA[ Definition: One definition of a partnership is a business entity in which two or more individuals carry on a continuing business for profit as co-owners. Legally, a partnership is regarded as a group of individuals rather than as a single entity, although each of the partners file their share of the profits on their individual tax returns. Another type of partnership can be an agreement between businesses to pursue some objective jointly. Usually, such partnerships are a joint venture or strategic alliance. Related Terms: Limited Partnership General Partnership Joint Venture Strategic Alliance Related Information: Sample Partnership Agreement Partnerships How...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Risk</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-risk.html</link><description><![CDATA[ Definition: The chance of injury, damage, or loss. Related Terms: Crisis Management Disaster Planning Insurance Related Information: Risk Management Strategies for Small Business Crisis Management Related Books: Crisis Management: Planning for the Inevitable Only the Paranoid Survive More Books about Risk Management &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Budgeting</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-budgeting.html</link><description><![CDATA[ Definition: The detailed planning for the allocation of funds in a business. Sometimes referred to as the financial picture of the business. How the business plans to spend its financial resources. Related Terms: Accounting Bookkeeping Financial Management Related Information: Budgeting Systems Financial Management Human Resources Leadership Related Books: Accounting and Finance for Your Small Business Keeping the Books: Basic Recordkeeping and Accounting for the Successful Small Business More Books about Financially Managing a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Corporation</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-corporation.html</link><description><![CDATA[ Definition: A corporation is a legal entity that has rights usually only reserved for individuals. The primary advantage of a corporation is that it provides its shareholders with a right to participate in the profits without any personal liability. Related Terms: Limited Liability Company Partnership Sole Proprietorship Related Information: Corporations How to Form a Corporation Legal Resources for Small Businesses Related Books: Inc. Yourself Legal Guide for Starting &amp;amp;amp; Running a Small Business Books about Legal Issues in a Small Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Standard Industrial Classification Code (SIC)</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-standard-industrial-classification-code-sic.html</link><description><![CDATA[ Definition: A code representing a category within the Standard Industrial Classification System administered by the Statistical Policy Division of the U.S. Office of Management and Budget. The system was established to classify all industries in the US economy. A two-digit code designates each major industry group, which is coupled with a second two-digit code representing subcategories. In 1997, the SIC was replaced by the North American Industrial Classification System (NAICS). Related Terms: North American Industrial Classification System (NAICS) Small Business Small Business Administration (SBA) Related Information: North American Industrial Classification System (NAICS) Business Possibilities Small Business Size Regulations Related...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of SOHO</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-soho.html</link><description><![CDATA[ Definition: SOHO is an acronym for Small Office, Home Office. The term is usually used in referring to small businesses and home-based businesses as a market segment. It is also used to describe a type of working environment. Related Terms: Small Business Home Based Business Related Information: Home-based Businesses Independent Contracting Related Books: The Home Office and Small Business Answer Book The Unofficial Guide to Starting a Home-Based Business More Books about Running a Home-Based Business &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Venture Capital</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-venture-capital.html</link><description><![CDATA[ Definition A form of financing for a company in which the business gives up some level of ownership and control of the business in exchange for capital over a limited time frame, usually 3-5 years. The exit of the venture capitalist can be an IPO, a merger or acquisition, or a buyout of the investor. Most commonly the investment takes the form of private stock in the venture or a legal instrument which can be converted to stock. Investments range from $500,000 to $5 million, although there are occasionally investments for as low as $50,000 or as high as...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Independent Distributor/Sales Representative</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-independent-distributor-sales-representative.html</link><description><![CDATA[ Definition: A Distributor or Independent Distributor is a person who sells products for a multilevel marketing company while acting as an independent contractor. They are also sometimes called an Independent Representative (IR) or an Independent Sales Representative. Related Terms: Multilevel Marketing Marketing Sales Related Information: Multilevel Marketing (MLM) How to Decide If Network Marketing Is Right For You Related Books: Inside Network Marketing Network Marketing for Dummies More Books about Multilevel Marketing &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of Line of Credit</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-line-of-credit.html</link><description><![CDATA[ Definition: A fixed amount of money that a company can draw against from a lender. A business applies for a line of credit with a lending institution just like applying for a loan. However, unlike a loan, the borrower only pays interest on the amount actually used. A line of credit is usually for an unlimited period of time. A business makes periodic payments against what has been borrowed. Such letters are useful when dealing with a new vendor to establish credit worthiness. No funds are paid by the bank, but credit requirements must be met. Related Terms: Credit...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item><item><title>Definition of RFA (Request for Application)</title><link>http://www.smallbusinessnotes.com/small-business-resources/definition-of-rfa-request-for-application.html</link><description><![CDATA[ Definition: RFA stands for Request for Application. It is a formal announcement of an opportunity to apply for a grant. An RFA specifies the requirements for applying for the grant. RFAs are issued by governments and foundations. Related Terms: Grant RFP (Request for Proposal) Contract Related Information: Grants Financing Your Business Government Contracting Related Books: 2003 Guide to Federal Grants and Government Assistance to Small Business Winning Grants, Step-by-Step More Books on Grants &amp;amp;nbsp; &amp;amp;nbsp; &amp;amp;nbsp; Go to Full Glossary Full Glossary...]]></description><pubDate>November  1, 2010  5:16 PM</pubDate></item></rss>