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