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11 Cards in this Set

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  • Back
Small Business
Usually have an owner that employs less than 500 people usually local
Venture Business
One that has been in operation for less than three and has no employees than owner.
Bankruptcy
Situation in which a business doesn't have enough money to pay debts.
Creditor
A person or business that is owned money.
Closing
Situation in which the business is discontinued with a loss to a creditor.
SBA
Government has an agency set up to help small businesses.
SBI
Programs offered in cooperation with colleges and universities to provide counseling.
SCORE
whose members can provide assistance in special peration.
Venture Capital
Money used to start up a new small business or help a business expand.
Entrepernuer
Someone who takes a risk in starting a business to earn profit.
Entrepernuership
Process of starting organizing and assuming responsitbilty.