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36 Cards in this Set

  • Front
  • Back
board of directors
a group of people who meet several times a year to make important decisions affecting the company
business broker
a person who sells businesses for a loiving
board of directors
a group of people who meet several times a year to make important decisions affecting the company
business plan
a document that sescribes all the steps neciessary in opening and operating a successfull business
business broker
a person who sells businesses for a loiving
corporation
a business with the legal rights of a person and wich may be owned by many people
business plan
a document that sescribes all the steps neciessary in opening and operating a successfull business
cover letter
a letter that explains or provides more information about a document or set of documents
corporation
a business with the legal rights of a person and wich may be owned by many people
dividends
didtribution of profit to shareholders by corporation
cover letter
a letter that explains or provides more information about a document or set of documents
franchise
a legal agreement that gives an individual the right to market a companys pructs of services in a paticular area
dividends
didtribution of profit to shareholders by corporation
incorporate
to set a business up as a corporation
franchise
a legal agreement that gives an individual the right to market a companys pructs of services in a paticular area
intial frachise fee
a fee the frachise owner pays in return for the right to run the frachise
incorporate
to set a business up as a corporation
partnership
a business owned by two or more people
board of directors
a group of people who meet several times a year to make important decisions affecting the company
intial frachise fee
a fee the frachise owner pays in return for the right to run the frachise
business broker
a person who sells businesses for a loiving
partnership
a business owned by two or more people
business plan
a document that sescribes all the steps neciessary in opening and operating a successfull business
corporation
a business with the legal rights of a person and wich may be owned by many people
cover letter
a letter that explains or provides more information about a document or set of documents
dividends
didtribution of profit to shareholders by corporation
franchise
a legal agreement that gives an individual the right to market a companys pructs of services in a paticular area
incorporate
to set a business up as a corporation
intial frachise fee
a fee the frachise owner pays in return for the right to run the frachise
partnership
a business owned by two or more people
pro fama financail statements
financial statments based on prjections
royalty fees
weekly or monthly payments made by the owner of the frchise to the seller of the frachise
hare of stocks
a unit of ownership oon a corporation
sole prprietorshiop
a business owned excluively by on eperson
start up costs
one time ony expenses that are paid to establish a business
trade associantions
organizations that promote certain types of businesses