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Definition
| Firm that is independently owned and operated, is not dominant in its field, and meets industry-specific size standards for income or number of employees. |
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Term
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Definition
| Written document that provides an orderly statement of a company's goals, the methods by which it intends to achieve those goals, and the standards by which it will meaure achievements. |
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Term
| Small Business Administration (SBA) |
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Definition
| Federal agency that aids small businesses by providing management training and consulting, financial assistance, and support in securing government contracts. |
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Definition
| Organization that provides temporary low-cost, shared facilities to small start-up ventures. |
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Definition
| Contractual agreement that specifies the methods by which a dealer can produce and market a supplier's good or service. |
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Definition
| Form of business ownership in which the company is owned and operated by one person. |
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Term
| Partnership form of business ownership in which the company is operated by two or more people who are co-owners by voluntary legal agreement. |
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Definition
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Definition
| Business that stands as a legal entity with assets and liabilities separate from those of its owner(s). |
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Term
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Definition
| Person or organization who owns shares of stock in a corporation. |
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Definition
| Elected governing body of a corporation. |
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Term
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Definition
| Combination of two or more firms to form one company. |
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