BUS-110-M1D Week 4 Chapter 7 Key Terms
BUS-110-M1D Week 4 Chapter 7 Key Terms BUS-110-M1D
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This 1 page Class Notes was uploaded by Ryan Notetaker on Saturday September 3, 2016. The Class Notes belongs to BUS-110-M1D at 1 MDSS-SGSLM-Langley AFB Advanced Education in General Dentistry 12 Months taught by Leruth M. Sisson in Summer 2016. Since its upload, it has received 8 views. For similar materials see Introduction to Business in Business at 1 MDSS-SGSLM-Langley AFB Advanced Education in General Dentistry 12 Months.
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Date Created: 09/03/16
SCORE: Service Corps of Retired Executives; a corporation, group, etc. that bestows free counseling for small business owners from certiﬁed volunteers. Small Business Development Centers (SBDCs)- Local ofﬁces that give comprehensive management assistance to all owners of small business. Angel investors- Individuals who buy into start-up companies, but in return get a share of ownership Business plan- a formal document that describes the break-down of a business Entrepreneurs- people who put time, money, etc. into an organization, company, small business External locus of control- powers other than the individual are in control of what happens in their life Internal locus of control- the individual is in control of what happens in their life. Market niche- a small section of a market with fewer contenders; Market niches tend to be quite appealing to small enterprises. Small Business Administration (SBA)- A part of the federal government that conserves and fortiﬁes the nation’s economy by-helping, guiding, obliging, and taking care of the concerns of small businesses. Venture capital ﬁrms- Companies that put money into newer businesses a prospective of high growth and in return gain a share of ownership.
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