"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.
IFB (Invitation for a Bid)
Independent Sales Representative
Initial Public Offering (IPO)